"This must not be postponed any longer and cannot be postponed any longer. Now is the time to finally say yes to something that represents a good and reasonable solution," German Chancellor Olaf Scholz says during a visit to Israel.
Participants from Britain, France, Germany, China, Russia and Iran that are trying to revive a 2015 nuclear deal will resume their efforts on December 27.
The Islamic republic has also built a 1,000-km pipeline to carry its oil from Goreh, in the southwestern Bushehr province, to the new terminal in the country's southeast.
UN nuclear watchdog says it had received no reply from Tehran over the possible extension of a temporary agreement, covering inspections at Iranian nuclear facilities, which expired on Thursday as nuclear talks crisis looms.
While 60 percent enrichment is higher than any level Iran previously enriched uranium, it is still lower than weapons-grade levels of 90 percent. The 2015 nuclear deal limited Iran’s enrichment to 3.67 percent.
The embargo on conventional arms is due to expire in mid-October, as agreed under the 2015 nuclear deal among Iran, Russia, China, Germany, Britain, France and the United States.
Iran slams Britain, France, and Germany for initiating a dispute resolution mechanism part of 2015 nuclear deal in order to force Tehran to honour its commitments under the accord.
In a recent statement to the International Atomic Energy Agency (IAEA), Iran has reiterated its commitment to the nuclear deal while Washington continues to sabotage the landmark agreement.
Squeezed between two archenemies, the US and Iran, Baghdad is trying hard to save itself from future chaos if Washington attacks its Shia neighbour.
The entity, INSTEX, will allow EU companies to trade with Tehran despite US sanctions after President Trump pulled out of 2015 nuclear deal.
In an open threat to Iran, Washington says a military confrontation is possible with Iran, outlining a long list of complaints against the Islamic Republic, but experts in Tehran say any US aggression will be a major miscalculation.
A top official at Iran's Atomic Energy Organisation says Tehran has no reason to stick to the deal if it continues to suffer on the economic front.
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