Trump asks EU allies to draw up new deal Iran nuclear issue

Russia US likely to withdraw from Iran nuclear deal

"We have also heeded that the worldwide community universally support the JCPOA and fully recognize the efforts made by Iran to implement it", he said.

U.S. President Donald Trump says he will extend sanctions relief granted to Iran under its 2015 nuclear deal with world powers, leaving the accord intact for now, but his administration targeted a high-profile Iranian for new nonnuclear sanctions.

On Friday, Trump extended waivers of key economic sanctions on Iran for another 120 days but said he was doing so "for the last time".

I am waiving the application of certain nuclear sanctions, but only in order to secure our European allies' agreement to fix the bad flaws of the Iran nuclear deal.

"By deliberately creating uncertainty at every three month deadline as to whether the USA will honor its commitments, Trump makes it impossible for sanctions relief to move forward as promised under the accord", he said in a statement.

Russian Federation has warned the Trump administration that withdrawing from the multi-lateral Iran nuclear deal would be a grave error.

Trump has argued behind the scenes that the nuclear deal makes the United States look weak, a senior USA official said.

Mr Trump has repeatedly criticised the accord, while Iran has accused the U.S. of failing to comply with it.

With the announcement Friday, Trump also said the Treasury Department is sanctioning 14 more Iranian individuals and entities.

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"The United States will not stand by while the Iranian regime continues to engage in human rights abuses and injustice". The Treasury Department's action hits 14 Iranian officials and companies and businessmen from Iran, China and Malaysia, freezing any assets they have in the USA and banning Americans from doing business with them.

Iran said on Saturday it would retaliate against the new sanctions, although it did not specify how.

In particular, Iran said the placing of judiciary chief Ayatollah Sadegh Larijani on the sanctions list "crossed all red lines of conduct in the worldwide community. and the government of the United States will bear responsibility for all the consequences of this hostile move".

The nuclear deal removed a number of sanctions on the Central Bank, and there had been reports that Trump would impose new sanctions, albeit not for reasons related to Iran's nuclear development. One official said the actions "will send a very strong message that the United States is not going to tolerate their continued abuses".

France, Britain, China and Russian Federation have called on the United States to maintain its commitment to the Iranian nuclear deal which is "a beneficial practice of solving a critical issue through political and diplomatic means".

In a White House background call on Friday, senior administration officials confirmed that President Donald Trump will waive sanctions on Friday one last time. "It gave Iran far too much in exchange for far too little". "It is delivering on its main goal, which means keeping the Iranian nuclear programme in check and under close surveillance", the bloc's foreign policy chief, Federica Mogherini, said. It says it will stick to the agreement as long as the other signatories respect it but will "shred" it if Washington pulls out.

European powers have urged the United States not to walk away from the pact which was negotiated by the U.S. and several European powers.

In response, Russian Federation described Trump's comments as "extremely unhelpful" as said it would work hard to keep the agreement alive.

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