US Expects 'Difficult' Iran Talks, Sees No Early Breakthrough

Iran's Deputy Foreign Abbas Araghchi (C) attends a virtual meeting Friday with the Joint Commission on Iran's nuclear program. (Iranian Foreign Ministry/AFP)
Iran's Deputy Foreign Abbas Araghchi (C) attends a virtual meeting Friday with the Joint Commission on Iran's nuclear program. (Iranian Foreign Ministry/AFP)
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US Expects 'Difficult' Iran Talks, Sees No Early Breakthrough

Iran's Deputy Foreign Abbas Araghchi (C) attends a virtual meeting Friday with the Joint Commission on Iran's nuclear program. (Iranian Foreign Ministry/AFP)
Iran's Deputy Foreign Abbas Araghchi (C) attends a virtual meeting Friday with the Joint Commission on Iran's nuclear program. (Iranian Foreign Ministry/AFP)

The US State Department played down expectations for indirect talks that begin on Tuesday in Vienna on Washington and Tehran resuming compliance with the 2015 Iran nuclear deal, saying it expected the talks to be difficult.

"We don't underestimate the scale of the challenges ahead. These are early days. We don't anticipate an early or immediate breakthrough as these discussions, we fully expect, will be difficult," State Department spokesman Ned Price told reporters during his daily briefing on Monday.

Earlier, Iran said the outcome of the Vienna talks will depend on European parties leaning on the US to lift sanctions.

Britain, France and Germany are pushing to bring US President Joe Biden's administration back into the nuclear deal, after his predecessor Donald Trump's withdrew and reimposed sanctions on Iran.

The other participants, including China and Russia, are to meet Tuesday in-person in the Austrian capital, with the United States indirectly taking part.

"Whether the joint commission's agenda produces a result or not depends on the Europeans and the 4+1 reminding the US of its obligations and the Americans acting on their commitments," Iran's foreign ministry spokesman Saeed Khatibzadeh said.

"How and where the 4+1 talk to the US is their own business," he told reporters, noting there will be no negotiations in Vienna.

The meeting's aim is to "talk about the path of lifting sanctions", he added.

The deal, also known as the Joint Comprehensive Plan of Action (JCPOA), promised Iran relief from international sanctions in exchange for limits on its nuclear program.

Biden has promised to rejoin the agreement on condition that Iran first returns to nuclear commitments it suspended in response to reimposed sanctions.

Tehran, however, says Washington has to end sanctions first.

The European Union has said its mediator will hold "separate contacts" with the United States in Vienna.

According to a senior EU official, two groups of experts from the other countries will work simultaneously, with one focused on US sanctions and the other on rolling back Iran's suspended nuclear commitments.

Khatibzadeh said experts from an Iranian delegation would explain "how (we plan) to stop our remedial measures".

"We have only one step, not step-by-step, (which) includes the lifting of all US sanctions," he stressed.

"It will become clear tomorrow whether the 4+1 can realize the points expected by Iran or not, so that we would have a clearer path forward," Khatibzadeh said.

The Vienna meeting comes after a video conference of a JCPOA joint commission held on Friday.



French Govt Faces Collapse after Opposition Says It Will Back No-Confidence Vote

Party leader of Rassemblement National (RN) Marine Le Pen (C) talks to journalists after the French National Assembly debate on parts of France's 2025 budget bill, in Paris, France, 02 December 2024. (EPA)
Party leader of Rassemblement National (RN) Marine Le Pen (C) talks to journalists after the French National Assembly debate on parts of France's 2025 budget bill, in Paris, France, 02 December 2024. (EPA)
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French Govt Faces Collapse after Opposition Says It Will Back No-Confidence Vote

Party leader of Rassemblement National (RN) Marine Le Pen (C) talks to journalists after the French National Assembly debate on parts of France's 2025 budget bill, in Paris, France, 02 December 2024. (EPA)
Party leader of Rassemblement National (RN) Marine Le Pen (C) talks to journalists after the French National Assembly debate on parts of France's 2025 budget bill, in Paris, France, 02 December 2024. (EPA)

The French government is all but certain to collapse later this week after far-right and left-wing parties said they will vote in favor of a no-confidence motion against Prime Minister Michel Barnier.

Investors immediately punished French stocks and bonds as the latest developments plunged the euro zone's second-biggest economy deeper into political crisis.

"The French have had enough," National Rally (RN) leader Marine Le Pen told reporters in parliament, saying her party would put forward its own no-confidence motion and will also vote for any similar bill by other parties. The left will also propose a similar motion.

"Maybe (voters) thought with Michel Barnier things would get better, but it got even worse."

Barring a last-minute surprise, Barnier's fragile coalition will be the first French government to be forced out by a no-confidence vote since 1962.

A government collapse would leave a hole at the heart of Europe, with Germany also in election mode, weeks ahead of Donald Trump re-entering the White House.

RN lawmakers and the left combined would have enough votes to topple Barnier. They now have 24 hours to put forward their no-confidence motions.

Their comments came after Barnier said on Monday that he would try to ram a social security bill through parliament without a vote after a last-minute concession proved insufficient to win RN's support for the bill.

French stocks reversed course, while a sell-off in the euro gathered pace and bonds came under pressure, pushing up yields.

The CAC 40 was last down 0.6%, having risen by as much as 0.6% after Barnier's concessions. The euro fell 1% and was heading for its largest one-day drop since early November. The yield on French government 10-year debt was up 2.7 basis points to 2.923%, having traded at a session low of 2.861% earlier.

'CHAOS'

Mathilde Panot of the left-wing France Unbowed, said: "Faced with this umpteenth denial of democracy, we will censure the government ... We are living in political chaos because of Michel Barnier's government and Emmanuel Macron's presidency."

Barnier urged lawmakers not to back the no-confidence vote.

"We are at a moment of truth ... The French will not forgive us for putting the interests of individuals before the future of the country," he said as he put his government's fate in the hands of the divided parliament which was the result of an inconclusive snap election Macron called in June.

Since it was formed in September, Barnier's minority government has relied on RN support for its survival. The budget bill, which seeks to rein in France's spiraling public deficit through 60 billion euros ($63 billion) in tax hikes and spending cuts, snapped that tenuous link.

Barnier's entourage and Le Pen's camp each blamed the other and said they had done all they could to reach a deal and had been open to dialogue.

A source close to Barnier said the prime minister had made major concessions to Le Pen and that voting to bring down the government would mean losing those gains.

"Is she ready to sacrifice all the wins she got?" the source close to Barnier told Reuters.