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Iran denies casual talks with Biden crew

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Jan 19, 2021

Spokesman for the Iranian authorities Ali Rabiee denied studies that talks have been held behind the scenes between Iranian diplomats and representatives of US President-elect Joe Biden.

“We have not received any message from Mr. Biden’s team,” Rabiee instructed a digital presser in Tehran, Jan. 18 — simply two days earlier than the incoming president’s inauguration. He was addressing media hypothesis concerning the two sides participating in casual talks that might set out the framework for future negotiations on the United States returning to the Iran nuclear deal often known as the Joint Comprehensive Plan of Action (JCPOA).

In a Jan. 16 report, Israel’s Channel 12 claimed that negotiations had already began between unnamed members of Biden’s circle and Iranian officers concerning the new administration’s plans to rejoin the 2015 accord. No additional particulars had been launched.

Rabiee reaffirmed Iran’s official place that any such negotiations can be “pointless” earlier than the brand new US authorities lifts sanctions that had been triggered by President Donald Trump’s departure from the JCPOA. He famous that Trump’s “maximum pressure” marketing campaign in opposition to Tehran has failed, advising Biden that “there is no other wise way” than to abolish the coverage.

Iranian President Hassan Rouhani has on a number of events signaled willingness for rapprochement with the incoming US administration ought to the latter take away the sanctions. Yet the stance has pitted Rouhani in opposition to highly effective hard-liners at home who’ve supported such contentious measures resembling boosting nuclear enrichment to a degree that will overshadow any US-Iran opening.

In his first few days in workplace, Biden is predicted to reverse a number of controversial Trump-era government orders that might see the United States reenter the Paris Climate Agreement. Nonetheless, based on oil strategist Julian Lee, a return to the JCPOA and a right away elimination of sanctions on Iran’s oil trade are usually not but on Biden’s precedence checklist.

Despite the uncertainty round doable US-Iran talks, optimistic indicators forward of Biden’s inauguration have already appeared within the Iranian overseas trade market.

Iran’s nationwide foreign money, the rial, which has up to now 10 months skilled the sharpest nosedives in its historical past, is now bouncing again, regaining some 10% of its worth in a single week.

The restoration appears to have been prompted by Rouhani’s remark final week that with the US return to the JPCOA and the following elimination of worldwide banking restrictions, the Iranian foreign money might take pleasure in a right away 50% increase. And whereas the goal has but to be met, there have been appreciable worth drops throughout the auto and housing markets, which have been shaken by unprecedented turbulence as a result of US sanctions.

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