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Iran: President Rouhani To Appear Before Parliament To Defend Economic Agenda

06 August 2018

The tweet was reverberating across the Middle East. Other signatories to the 2015 deal - including European countries, China and Russian Federation - have said they will try to keep it afloat.

"It's good for the country, good for them, good for us and good for the world".

Trump's pressure campaign appears to have had some results. If they want to survive, their choice is clear - meet the "great Satan".

Later, Trump's Secretary of State, Mike Pompeo, laid out some preconditions, but the offer remained extended. And this in turn suggests that, whether deliberate or not, the White House's pressure tactics are improving the prospects for a wholesale change of government, driven by the Iranian people. Yet the potential for major shocks to the economy from the phasing-out of the greenback and switch to a new currency has stalled such moves to decouple their economies from US -dollar hegemony. In August and November Iran faces two new waves of sanctions that will shut off their access to U.S. banking and oil exports.

Speaking on May 21 in Washington, U.S. Secretary of State Mike Pompeo said Iran "will have to choose between maintaining its economy or sponsoring terrorist and insurgent groups in countries like Lebanon, Syria, Iraq, and Yemen" or what he called "squandering precious wealth on fights overseas". For the moment, Trump is having his cake and eating it too.

"Even US presidents after you will not see that day".

Iranian President Hassan Rouhani cabled a letter to Iranian Parliament Speaker Ali Larijani saying that the MPs call for questioning president is not in keeping with the Constitution of the Islamic Republic of Iran. European nations have been working to salvage the Iran deal by shielding investments in Iran with subsidies.

But now, Iran finds itself having signed away its nuclear ambitions for nearly none of the economic rewards promised by the west.

At the conference, Pompeo lobbied for support from other countries, but the Trump administration's posture on Iran is not popular in several parts of the world because it abandoned a deal that was viewed as largely successful in curtailing Iran's nuclear ambitions.

Experts see a number of possible outcomes for the current US policy toward Iran.

The Trump administration is debating whether to designate Iran's Revolutionary Guard Corps as a terrorist organization, CNN reported on Tuesday. "I do believe that they will probably end up wanting to meet. I believe in meetings", Trump said on Monday. So far, the United States has reaped the reward of some repatriated war dead from the Korean War and a soccer ball from Putin. Since the 1979 Islamic Revolution, Iran has cast itself as standing up to the USA with fierce opposition. Domestically, Rouhani already stuck his neck out for the USA with the Iran deal. Its senior government figures chant "death to America".

Iran: President Rouhani To Appear Before Parliament To Defend Economic Agenda