French Foreign Minister Jean-Noel Barrot, UK Foreign Secretary David Lammy, German Foreign Minister Johann Wadephul, and the EU's top diplomat Kaja Kallas met their Iranian counterpart in June. Pool/Getty Images
French Foreign Minister Jean-Noel Barrot, UK Foreign Secretary David Lammy, German Foreign Minister Johann Wadephul, and the EU's top diplomat Kaja Kallas met their Iranian counterpart in June. Pool/Getty Images
French Foreign Minister Jean-Noel Barrot, UK Foreign Secretary David Lammy, German Foreign Minister Johann Wadephul, and the EU's top diplomat Kaja Kallas met their Iranian counterpart in June. Pool/Getty Images
French Foreign Minister Jean-Noel Barrot, UK Foreign Secretary David Lammy, German Foreign Minister Johann Wadephul, and the EU's top diplomat Kaja Kallas met their Iranian counterpart in June. Pool/G

Europeans poised to trigger return of UN sanctions on Iran


Sunniva Rose
  • English
  • Arabic

Europe's big three of France, the UK and Germany appeared set to kick-start a UN process to reimpose sanctions on Iran on Thursday.

Meetings on the move were held two days after a round of diplomatic talks in Geneva reportedly failed to lead to a breakthrough.

The mechanism, known as snapback, would reinstate six suspended UN Security Council resolutions on Iran, which has threatened to withdraw from the nuclear non-proliferation treaty should it be triggered.

Inspectors from the UN's nuclear agency entered Iran this week for the first time since a 12-day war with Israel in June. But Iran said this did not amount to any "final agreement on co-operation" with the International Atomic Energy Agency.

With the three European countries - known as the E3 - set to announce a decision as soon as Thursday, officials said Iran could still provide commitments within 30 days over its nuclear programme that will convince the countries to defer concrete action.

"If the E3 proceed, it's not a process without off-ramps over the next 30 days, but it would hinge on breakthroughs that haven't been made in the weeks leading up to triggering," Naysan Rafati, senior Iran analyst at Crisis Group, told The National.

The talks in Geneva ended without a conclusive result but the Europeans were continuing to seek a diplomatic solution, a German Foreign Ministry representative said. "We remain open to dialogue with the Iranian side," they said.

Iran's deputy foreign minister, Kazem Gharibabadi, who attended talks in Geneva on Tuesday, urged the trio to "make the right choice, and give diplomacy time and space."

European officials have not publicly stated which day they would trigger the snapback but have repeatedly said they were ready to do so before the end of August. They will lose that ability in mid-October as a 2015 nuclear deal with Iran expires.

Iran's deputy foreign minister, Kazem Gharibabadi, has urged Europeans to 'make the right choice'. AP
Iran's deputy foreign minister, Kazem Gharibabadi, has urged Europeans to 'make the right choice'. AP

“European leaders are nearing a decision on starting the snapback process against Iran. It would take a diplomatic miracle to prevent that from happening," an Axios reporter quoted an unnamed senior EU diplomat as saying. "Triggering the snapback process would not mean the end of diplomacy. The E3 leaders remain open to engaging with Iran in the weeks until the UN sanctions will come into effect."

France, the UK and Germany, collectively known as the E3, believe Iran is in breach of the 2015 nuclear deal, with its uranium stockpiles representing more than 40 times the agreed limit despite Iranian insistence that its atomic programme is peaceful. The E3 also wants Tehran to re-engage in talks with the US and resume full co-operation with the IAEA.

The agency's inspectors left Iran after Israel launched its unprecedented attack on June 13, striking nuclear and military sites, as well as residential areas, killing more than 1,000 people. It was followed by further attacks by the US.

The E3 received no response from Iran after suggesting last month during talks in Istanbul that the nuclear deal be extended by six months to allow more time for negotiations.

"There is certainly a view among some in Iran that the impact of snapback is likely to be marginal – US sanctions are more economically impactful and Iran's allies at the Security Council could try to limit the effectiveness of restored UN restrictions," Mr Rafati said.

"That view is reinforced by a sense that even if it were to agree to the E3's proposals, the possibility of snapback would only be deferred. But the fact that Tehran has engaged the E3 in hopes of avoiding snapback also shows that the impact cannot be ignored: the sanctions are broad and binding on UN members and can still still have a psychological and practical impact."

Russia has meanwhile circulated a draft at the UN Security Council also calling for a six-month extension but on the condition that snapback cannot be triggered during that period. Russia, which takes the helm of the UNSC in October, is a close ally of Iran, whose sole civilian power plant in Bushehr is fuelled by uranium imported from Russia.

The specs

Engine: 6.2-litre supercharged V8

Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

Price: Dh380,000

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The bio

His favourite book - 1984 by George Orwell

His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard

Favourite place to travel to - Peloponnese, Southern Greece

Favourite movie - The Last Emperor

Favourite personality from history - Alexander the Great

Role Model - My father, Yiannis Davos

 

 

THE BIO

Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

The biog

Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Kat Wightman's tips on how to create zones in large spaces

 

  • Area carpets or rugs are the easiest way to segregate spaces while also unifying them.
  • Lighting can help define areas. Try pendant lighting over dining tables, and side and floor lamps in living areas.
  • Keep the colour palette the same in a room, but combine different tones and textures in different zone. A common accent colour dotted throughout the space brings it together.
  • Don’t be afraid to use furniture to break up the space. For example, if you have a sofa placed in the middle of the room, a console unit behind it will give good punctuation.
  • Use a considered collection of prints and artworks that work together to form a cohesive journey.
The biog

Name: Marie Byrne

Nationality: Irish

Favourite film: The Shawshank Redemption

Book: Seagull by Jonathan Livingston

Life lesson: A person is not old until regret takes the place of their dreams

Updated: August 27, 2025, 3:28 PM