EU foreign policy chief Josep Borrell said most countries supported the draft nuclear deal. AP
EU foreign policy chief Josep Borrell said most countries supported the draft nuclear deal. AP
EU foreign policy chief Josep Borrell said most countries supported the draft nuclear deal. AP
EU foreign policy chief Josep Borrell said most countries supported the draft nuclear deal. AP

EU awaits American response to draft nuclear deal with Iran


Tim Stickings
  • English
  • Arabic

A proposed deal to restore limits on Iran's nuclear activities is supported by most of the countries involved but the Americans are yet to give their verdict, the European Union's top diplomat said on Tuesday.

Josep Borrell said Iran had asked for a few adjustments to the draft deal put forward by the EU after more than a year of negotiations with Britain, Germany, France, Russia, China and indirectly the US.

"Most of them agree, but I still don't have the answer from the United States, which I expect during this week," Mr Borrell said in an interview with Spanish broadcaster TVE.

The deal to prevent Iran from obtaining a nuclear weapon was signed in 2015 but was weakened by the US withdrawal under former president Donald Trump in 2018.

Joe Biden's administration entered negotiations on a revived deal but the talks have stretched on for 16 months, with Russia's presence at the table complicating matters after the invasion of Ukraine.

Negotiators have spent more than a year thrashing out a potential deal with Iran. AFP
Negotiators have spent more than a year thrashing out a potential deal with Iran. AFP

Mr Borrell said on Monday that he had informed negotiators that the draft deal "is as far as we have come... I don't think it can be improved on one side or the other".

He said he considered the Iranian response to be reasonable but the process of signing off the deal was taking longer than hoped.

The deal, formally known as the Joint Comprehensive Plan of Action, provides for sanctions on Iran to be partially lifted in exchange for limits on its nuclear activities being observed.

These include a maximum level of uranium enrichment and limits on the types of centrifuge that Iran is allowed to use, restricting its ability to develop a nuclear weapon.

Tehran denies wanting such a weapon, but has openly flouted the limits since Mr Trump abandoned the deal and restored sanctions on Iran four years ago.

"The world would be a much safer place if we could just make this deal work again. Remember, this deal was working fine until president Trump unilaterally decided to drop it," Mr Borrell said.

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

THE SPECS

      

 

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Updated: August 23, 2022, 9:08 AM