The head of Iran's parliamentary committee on national security said Wednesday that the country is preparing to continue spending on its ballistic missile program, a direct response to President Donald Trump's decision to pull the USA out of an Obama-era nuclear deal.
In a televised address on Tuesday, Trump announced his decision to withdraw the United States from Iran's nuclear deal with the world powers and re-impose sanctions against the Islamic Republic. "This agreement remains important for our shared security".
Rouhani said that he has asked the Iranian foreign minister to initiate negotiations with the European partners as well as China and Russian Federation over the measures regarding the fate of the deal.
Macron said he regretted Trump's decision.
Rouhani assured ordinary Iranians, frustrated by high unemployment and stagnant living standards, that Trump's decision would have no impact on Iran's oil-reliant economy.
"The deal's sunset provisions are totally unacceptable", He said.
In a harbinger of what could be in store, Trump's new ambassador to Germany said German businesses should halt their activities in Iran immediately.
Donald Trump on Tuesday announced that USA was pulling out of the landmark global Iran nuclear deal, signed during Barack Obama's tenure. "We will speak with our friends and allies, the other members of the nuclear agreement".
The battle of words between the United States and Iran has brought about fears over more conflict in the Middle East and economic effects on global oil supplies.
"They will blame Rouhani".
That declaration called for the "elimination of both the front and the backend of the nuclear fuel cycle; no uranium enrichment; no plutonium reprocessing", he said.
Shortly after Trump's announcement, the Iranian currency plunged to a record low of about 65,000 rials to one U.S. dollar on Tuesday, according to Bonbast.com, which tracks the currency's value at the free market.
Hillary Clinton's concerns were echoed by former US President Barack Obama, during whose administration the JCPOA was signed; he described Trump's announcement as "misguided" and said that abandoning the Iran nuclear deal means the US is turning its back on its closest allies.
Former foreign minister Holger K. Nielsen, now European Union and foreign policy spokesperson with the opposition Socialist People's Party, told DR Trump's decision was "catastrophic". The move may also rile other adversaries of Iran, like Saudi Arabia, UAE and Israel, with whom the Modi government has strengthened ties in an effort to balance its West Asia policy.
Trump on Monday said a decision on Iran would be announced at 2 p.m. EDT on Tuesday.
Conservative leaders in the USA, especially Trump, have always been critical of the deal, calling it "insane".
The "disastrous" deal gave Iran millions in cash and did not prevent it from acquiring nuclear weapons, Trump said.
The EU's foreign-policy chief, Federica Mogherini, said the bloc will protect its economic investments in Iran. "After engaging with the U.S. Administration in a thorough manner over the past months, we call on the U.S.to do everything possible to preserve the gains for nuclear non-proliferation brought about by the JCPOA, by allowing for a continued enforcement of its main elements".
General Mohammad Baqeri, chief of staff in Iran's military explained Iran did not have to sign the deal, and that the United States has made a grave mistake pulling out.