Trudeau regrets Trump decision to pull out of Iran nuclear agreement

Barack Obama and President Donald Trump

"It is clear to me we can not prevent an Iranian nuclear bomb under the decaying and rotten structure of the current agreement".

The Washington Post led with the headline "Trump announces plans to pull out of Iran nuclear deal despite pleas from European leaders" as it termed this step as "extreme".

Dismayed European allies sought to salvage the global nuclear pact with Iran, with French President Emmanuel Macron scheduled to speak to his Iranian counterpart Hassan Rouhani later today.

The prime minister said he expects the Iran decision to be a topic of discussion when he hosts Trump and their G7 counterparts in Quebec at their annual summit next month.

As former president Barack Obama, who helped fashion the deal, has pointed out, the deal helped in rolling back Tehran's nuclear programme, removing more than 13,000 centrifuges and eliminating 97% of its enriched uranium stockpile.

Mr Trump announced on Tuesday he would reimpose U.S. economic sanctions on Iran to undermine what he called "a frightful, one-sided deal that should have never, ever been made".

Trump also announced plans to re-instate sanctions against Iran.

European officials will "do everything" possible to protect the interests of companies working in Iran, which may now be exposed to new US sanctions against the country, an official in the French presidency said on May 9.

The decision gives an even greater urgency for the national demonstration against Trump's visit which is scheduled for the 13th July.

Barack Obama
Barack Obama

Iran had struck the JCPoA (Joint Comprehensive Plan of Action) deal with the USA, the UK, Russia, China, France and Germany after years of negotiations.

But that "short period of time" was about a decade from now; what if Iran decides to go back to, and speed up, its nuclear program tomorrow?

In February, Iranian President Hassan Rouhani visited India during which both sides agreed to further expand their cooperation in number of key sectors.

Several refiners in Asia said on Wednesday they were seeking alternatives to Iranian supplies.

"If the constraints on Iran's nuclear programme under the JCPOA are lost, we could be hastening the day when we are faced with the choice between living with that threat, or going to war to prevent it", he said.

"We don't think the Iranian government at first will want to come to the table, especially on regional issues", he said.

"We express regret over this decision made by the United States", Geng said. However, they have also conceded that the pact negotiated by former president Barack Obama is far from flawless and needs some "fixes".

The European Union said it would remain committed to the deal and would ensure sanctions on Iran remain lifted, as long as Tehran meets its commitments. Its national airline, IranAir, has ordered 100 passenger planes from Airbus and 20 from ATR, as well as 80 from US manufacturer Boeing. One of the main topics of Macron's trip to Russian Federation in May will be the Iran nuclear deal. "I have ordered the foreign ministry to negotiate with the European countries, China and Russian Federation in coming weeks".

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