Iran could reverse nuclear breaches if Europe acts, says foreign minister Javad Zarif

MUNICH - Iran would be willing to move back towards the 2015 nuclear deal if Europe provides"meaningful" economic benefits, the country's foreign minister said Friday .

Iran has responded to the US pullout with a series of steps back from its own commitments under the deal, including by increasing uranium enrichment. "We have said that we are prepared to slow down or reverse these measures commensurate with what Europe does," Mr Zarif told reporters at the Munich Security Conference."We will decide whether what Europe does is sufficient to slow down or to reverse some steps - we have not even ruled out reversing some of the steps that we have taken."

The EU's top diplomat Josep Borrell met Mr Zarif in Teheran earlier this month to try to lower tensions after Britain, France and Germany triggered a complaint mechanism under the deal to try to press Teheran to return to full implementation.The renewed US sanctions have almost entirely isolated Iran from the international financial system, driven away oil buyers and plunged the country into a severe recession.

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