Iran threatened to abandon more commitments under a landmark nuclear agreement in "60 days" unless a solution is found with signatories to the endangered deal, authorities said on Sunday.
"We hope we can reach a solution otherwise after 60 days we will take the third step as well," Deputy Foreign Minister Abbas Araghchi said at a news conference, singling out Iran's declining oil sales as one of the main issues that needed to be solved.
On Sunday, Iran said it was set to breach the uranium enrichment cap set by an endangered nuclear deal within hours as it seeks to press signatories into keeping their side of the bargain.
The move to start enriching uranium above the agreed maximum purification level of 3.67 percent comes despite opposition from the European Union and the United States, which has quit the deal.
President Hassan Rouhani's order to exceed the threshold would be implemented "in a few hours" after the last technical details were sorted, Iran's Atomic Energy Organisation spokesman Behrouz Kamalvandi said live on state television.
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Rouhani initially flagged Tehran's intentions on May 8, exactly a year on from US President Donald Trump unilaterally abandoning the multilateral deal.
He has said the move is in response to a failure by remaining state signatories to keep their promise to help Iran work around biting sanctions reimposed by the US in the second half of last year.
French President Emmanuel Macron told Rouhani of his "strong concern" over the risk of weakening the nuclear agreement and the consequences that would follow during a telephone call on Saturday, according to a statement from the Elysee Palace.
However, the two leaders agreed to "explore by July 15 the conditions for a resumption of dialogue between all parties", the statement said, adding that Macron would consult with Iranian authorities and international partners to bring about the "necessary de-escalation" of the situation over the coming days.
It is not yet clear how far the Islamic republic will boost enrichment.
But a top advisor to Iran's Supreme Leader Ayatollah Ali Khamenei hinted on Friday it could reach five percent.
'Extremely concerned'
The 2015 deal was reached between Iran and six world powers - Britain, China, France, Germany, the United States and Russia - and saw Tehran agree to drastically scale down its nuclear programme in exchange for sanctions relief.
Washington began reimposing sanctions in August 2018 and has targeted crucial sectors including oil exports and the banking system, fuelling a deep recession.
This article has been adapted from its original source.
