Not if, but WHEN will the bubble burst?
Not if, but WHEN will the bubble burst?
DUBAI (Reuters) – Iran could abandon its nuclear agreement with world powers “within hours” if the United States imposes any more new sanctions, Iranian President Hassan Rouhani said on Tuesday.
“If America wants to go back to the experience (of imposing sanctions), Iran would certainly return in a short time – not a week or a month but within hours – to conditions more advanced than before the start of negotiations,” Rouhani told a session of parliament broadcast live on state television.
Iran says new U.S. sanctions breach the agreement it reached in 2015 with the United States, Russia, China and three European powers in which it agreed to curb its nuclear work in return for the lifting of most sanctions.
U.S. Ambassador to the United Nations Nikki Haley said the new U.S. sanctions were unrelated to the Iran nuclear deal and that Iran must be held responsible for “its missile launches, support for terrorism, disregard for human rights, and violations of U.N. Security Council resolutions.”
“Iran cannot be allowed to use the nuclear deal to hold the world hostage … The nuclear deal must not become ‘too big to fail’,” Haley said in a statement on Tuesday, responding to Rouhani.
Haley will travel to Vienna next week to discuss Iran’s nuclear activities with U.N. atomic watchdog officials as part of Washington’s review of Tehran’s compliance with the 2015 nuclear deal.
U.N. Secretary-General Antonio Guterres “considers the (Iran nuclear deal) to be one of the utmost diplomatic achievements in our collective search for peace and security,” U.N. spokesman Stephane Dujarric told reporters.
“We need to do whatever we can to preserve it,” Dujarric said.
The U.S. Treasury imposed sanctions on six Iranian firms in late July for their role in the development of a ballistic missile program after Tehran launched a rocket capable of putting a satellite into orbit.
In early August, U.S. President Donald Trump signed into law new sanctions on Iran, Russia and North Korea passed by the U.S. Congress. The sanctions in that bill also target Iran’s missile programs as well as human rights abuses.
The United States imposed unilateral sanctions after saying Iran’s ballistic missile tests violated a U.N. resolution, which endorsed the nuclear deal and called upon Tehran not to undertake activities related to ballistic missiles capable of delivering nuclear weapons, including launches using such technology.
It stopped short of explicitly barring such activity.
Iran denies its missile development breaches the resolution, saying its missiles are not designed to carry nuclear weapons.
“The world has clearly seen that under Trump, America has ignored international agreements and, in addition to undermining the (nuclear deal), has broken its word on the Paris agreement and the Cuba accord … and that the United States is not a good partner or a reliable negotiator,” Rouhani said.
Trump said last week he did not believe that Iran was living up to the spirit of the nuclear deal.
Reporting by Dubai newsroom; Additional reporting by Michelle Nichols at the United Nations; Editing by Angus MacSwan and James Dalgleish
The United States and South Korea have prepared for more joint military drills, which has infuriated the North, and experts warned Pyongyang could still go ahead with a provocative plan.
In his first public appearance in about two weeks, Kim inspected the command of the North’s army on Monday, examining a plan to fire four missiles aimed at landing near the U.S. Pacific territory of Guam, the official KCNA news agency reported.
“He said that if the Yankees persist in their extremely dangerous reckless actions on the Korean peninsula and in its vicinity, testing the self-restraint of the DPRK, the latter will make an important decision as it already declared,” KCNA said.
The DPRK stands for North Korea’s official name, the Democratic People’s Republic of Korea.
In photos released with the KCNA report, Kim was seen holding a baton and pointing at a map showing a flight path for the missiles appearing to start from North Korea’s east coast, flying over Japan toward Guam.
North Korea has often threatened to attack the United States and its bases and released similar photos in the past but never followed through.
Pyongyang’s latest threat prompted a surge in tensions in the region last week, with U.S. President Donald Trump saying the U.S. military was “locked and loaded” if North Korea acted unwisely.
But U.S. officials have taken a gentler tone in recent days.
Asked by reporters on Tuesday about the North Korean delay, Secretary of State Rex Tillerson said it was up to Kim to decide if he wants to talk to the United States.
“We continue to be interested in finding a way to get to dialogue but that’s up to him,” Tillerson told reporters.
State Department spokeswoman Heather Nauert said North Korea’s decision to hold off was not enough and Pyongyang would have to show it was “intent on denuclearizing the Korean peninsula.”
“I think they would have to do quite a bit more,” Nauert said, adding, “They know what they need to do to get us to come to the negotiating table.
South Korean President Moon Jae-in said on Tuesday his government would prevent war by all means.
“Military action on the Korean peninsula can only be decided by South Korea and no one else can decide to take military action without the consent of South Korea,” Moon said in a speech to commemorate the anniversary of the nation’s liberation from Japanese military rule in 1945.
“The government, putting everything on the line, will block war by all means,” Moon said.
The Liberation Day holiday, celebrated by both North and South, will be followed next week by joint U.S.-South Korean military drills.
Asian shares rose for a second day on Tuesday after Kim’s comments. The U.S. dollar and Treasury yields climbed after solid U.S. retail data and the easing in U.S.-North Korean rhetoric.
North Korea has continued to develop its nuclear and missile programs to ward off perceived U.S. hostility, in defiance of U.N. Security Council resolutions and sanctions.
A new study by a London-based think tank and an article in the New York Times that cited it said North Korea had obtained rocket engines probably from a Ukrainian factory via illicit networks.
But U.S. intelligence officials said on Tuesday that North Korea has the ability to produce its own missile engines and intelligence suggests the country does not need to rely on imports.
Japan will seek further reassurance from Washington in meetings between Japan’s defense chief and foreign minister and their U.S. counterparts on Thursday.
“The strategic environment is becoming harsher and we need to discuss how we will respond to that,” a Japanese foreign ministry official said in a briefing in Tokyo.
“We will look for the U.S. to reaffirm its defense commitment, including the nuclear deterrent.”
Slideshow (8 Images)
China, North Korea’s main ally and trading partner, has repeatedly urged Pyongyang to halt its weapons program and at the same time urged South Korea and the United States to stop military drills to lower tensions.
Chinese Foreign Minister Wang Yi, in a telephone conversation with Sigmar Gabriel, Germany’s minister for foreign affairs, said tensions on the Korean peninsula were showing some signs of easing but had not passed.
The parties involved should “make a correct judgment and wise choice by taking a responsible attitude toward history and people,” Wang said, according to a statement on the Chinese foreign ministry’s website.
U.S. Senator Edward Markey, the top Democrat on the Senate Foreign Relations Committee’s panel on East Asia, announced on Tuesday he would lead a delegation to Korea, Japan and China,
“The unity of purpose between the United States and our allies in South Korea, Japan, and China is critical in the face of Pyongyang’s increasing nuclear threat,” Markey said in a statement.
Kim Dong-yub, a professor and military expert at Kyungnam University’s Institute of Far Eastern Studies in Seoul, urged caution in assuming North Korea was bluffing with its missile threats.
“There is no stepping back for North Korea. Those who don’t know the North very well fall into this trap every time (thinking they are easing threats) but we’ve seen this before.”
The United States and South Korea remain technically at war with North Korea after the 1950-53 Korean conflict ended with a truce, not a peace treaty.
North Korea is currently holding three U.S. citizens it accuses of espionage or hostile acts, but now is not the right time to discuss them, KCNA reported, citing a foreign ministry spokesman.
Pyongyang has used detainees to extract concessions, including high-profile visitors from the United States, which has no formal diplomatic relations with North Korea.
(For an interactive on North Korea’s missile capabilities, click tmsnrt.rs/2t6WEPL)
(For a graphic on North Korea’s missile trajectories, ranges, click tmsnrt.rs/2vLMdVm)
(For a graphic on Americans detained by North Korea click bit.ly/2vZC08l)
Additional reporting by Soyoung Kim and Jane Chung in Seoul, Tim Kelly in Tokyo, Ben Blanchard in Beijing, John Ruwitch in Shanghai and Jonathan Landay in Washington; Writing by Lincoln Feast, Alistair Bell and Amanda Becker; Editing by Jeffrey Benkoe, James Dalgleish and Lisa Shumaker