The Chairperson of the African Union Commission, Moussa Faki Mahamat, expresses deep concern at the decision of the United States Government to unilaterally withdraw from the July 2015 Joint Comprehensive Plan of Action (JCPoA) on the Iran nuclear programme and reimpose sanctions on Iran.
Business Hilights recalls that US President, Mr. Donald trump had on Tuesday this week, announced pullout from the deal and warned of imminent imposition of sanctions not only to Iran, but its allies on further suspicion of Tehran’s continuation of uranium enrichment.
The withdrawal had since sparked off shocks on stocks and prices of world monitored commodities including oil prices which had since jumped to a four-year high at $77.80.
AU chief recalled that the International Atomic Energy Agency has repeatedly confirmed Iran’s full compliance with the terms of the Agreement, which was unanimously endorsed by the United Nations Security Council.
The Chairperson of the Commission stresses that the decision taken by the United States Government has the potential to heighten tensions in the region, as well as further erode confidence in the credibility of international commitments. It deals a serious blow to multilateralism and to international regimes on nuclear verification.
The Chairperson of the Commission calls on the other signatories of the JCPoA to demonstrate renewed commitment to this landmark agreement and salvage it. In this respect, he welcomes the statements issued by key international stakeholders. The African Union, which is deeply committed to multilateralism and respect for international law, will spare no efforts in support to the JCPoA, in conjunction with other members of the international community.
