Iran has announced that they would no longer honor the agreement that they had with including Britain, France and Germany to limit the amount of nuclear materials they would produce, although we have no idea if they were honoring it before because inspectors have to give three days notice and get Iranian approval before a real inspection could occur.
This could have major repercussions for Iran as the agreement got many of the sanctions on Iran lifted and they will possibly be put back into place at a time when the Iranian economy is on the verge of collapse.
However, it’s quite possible that those three countries will do nothing as they seem fairly feckless.
Great Britain might take action as the United States importance rises as they leave the European Union.
The United States dropped out of the agreement in May of 2018 after President Trump called it a lousy deal that we should not have agreed to in the first place.
Since then we have added sanctions of our own.
Although we can’t force foreign countries to comply with our sanctions, anyone who does can no longer do business with the United States, the largest trading partner in the world.
The decision from Tehran comes three days after a U.S. drone strike killed Iranian General Qasem Soleimani near a Baghdad airport and hours after Iraq’s Parliament voted overwhelmingly to expel U.S. troops.
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“The Islamic Republic of Iran will end its final limitations in the nuclear deal, meaning the limitation in the number of centrifuges,” read the statement, released after an emergency Sunday meeting of Iran’s National Security Council.
“Therefore Iran’s nuclear program will have no limitations in production including enrichment capacity and percentage and number of enriched uranium and research and expansion.”
