Latest developments

Latest developments

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Iran has drawn up contingency economic plans to deal with the possible reimposition of UN sanctions under the JCPOA’s snapback mechanism, the first vice president said, stressing that Tehran is fully prepared to confront the hostile measures. Speaking at a session of the Economic Council on Monday, Mohammad Reza Aref said although Iran does not seek the return of sanctions and hopes the European countries act with reason, the nation and government have previously shown resilience in the face of Western pressures. “We are not volunteers for the return of sanctions, but if the (snapback) mechanism is implemented, the necessary economic forecasts and plans (to counter them) have been prepared,” he said. He explained that the administration has designed governance structures for “special conditions,” stating that similar mechanisms were applied successfully during the recent 12-day imposed war in June. Aref emphasized that the government and people stand fully ready to respond to the European troika’s attempts to trigger the snapback. The three European parties to the Joint Comprehensive Plan of Action –France, Germany, and the UK– have taken steps to trigger the so-called snapback mechanism under the 2015 nuclear deal, citing concerns about Iran’s nuclear program and regional activities. Their move came after a draft resolution seeking to extend provisions of UN Security Council Resolution 2231 failed to gain sufficient support, effectively paving the way for the reimposition of multilateral sanctions on Iran. The snapback mechanism, built into the JCPOA, allows participants to restore previous UN sanctions without the possibility of a veto by other Security Council members. If implemented, it would mark the return of wide-ranging restrictions on Iran, including arms embargoes, financial measures, and limitations on nuclear activities. Tehran has strongly condemned the European push, describing it as a violation of commitments under the JCPOA and an irresponsible act that undermines diplomacy. Iranian officials have emphasized that Tehran will not remain passive in the face of such measures, vowing to adopt serious and proportionate responses while underlining the country’s readiness to safeguard its national interests.

VP: Iran Has Contingency Economic Plans for Snapback Activation

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