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00:00:00
>> The nations that negotiated the Iran nuclear deal, minus one, will meet with Iran in New York on Monday, facing an uphill task. Keeping the deal alive after President Donald Trump pulled the US out and reimposed sanctions on Tehran. Ministers from Britain, China, and France, as well as Germany and Russia will try to convince Iran to stay in the deal.
00:00:27
But without the economic benefits that were supposed to be the payoff for reigning in its nuclear program. The main problem. The remaining countries, don't have a lot to offer. Reporter Arshad Muhammad is on the story.>> The key issue here is Iran's main export is oil. One incentive is that they're trying to find a way to help Iran keep selling its oil.
00:00:52
But, there's deep, diplomats are deeply skeptical that it will be possible to keep Iran in the deal over the long term. Why is that? The biggest benefit Iran was gonna get from the deal was relief from American sanctions. Since that's going away, why should they stay in the deal?
00:01:12
>> The deal took the Obama Administration almost two years to negotiate, and was jettisoned by President Donald Trump in May.>> Part of their job is, the ministers that are gonna be meeting, is to try to argue to the Iranians look, you shouldn't pull out, we're doing our best to make sure that you can keep trading and selling oil after November.
00:01:37
But, if you pull out, then we will have no choice but to re-impose our own sanctions on you, because that's also part of the deal. And then you're even more isolated and you are going to suffer even more.>> The return of US sanctions has already had an impact contributing to a slide in the Iranian currency.
00:01:58
With little economic incentive, Iran has recently hardened its stance. Foreign Minister Javad Zarif saying his nation could reduce it's implementation of the deal and ramp up nuclear activity due to the actions of the US.