G7 Leaders Back Iran Nuclear and Strait of Hormuz Agreement
In a declaration issued overnight, the leaders called the deal a “historic opportunity to prevent Iran from acquiring any nuclear weapon and tackling the threats related to its regional and ballistic activities”.
The leaders said that they were “ready to contribute to its implementation”, although neither the White House nor Iran has released the text of the agreement.
According to leaked copies of an interim agreement, Iran will immediately take steps to reopen the Strait of Hormuz once the deal is signed and will be allowed to sell its oil without restrictions.
Officials say the leaked text broadly matches the document.
The accord, due to be formally signed in a ceremony in Switzerland on Friday, lays out that the US would work to end all American and United Nations sanctions imposed on Tehran if a final agreement addressing Iran's nuclear programme is reached.
Trump, however, said the deal is still under wraps.
He was speaking at a one-to-one meeting with Egyptian President Abdel-Fattah el-Sissi.
“Nobody knows what it is but it's very strong,” he told reporters.
He added: “It's a memorandum of understanding and if I don't like it, we'll go back to shooting at them, dropping bombs.”
The final day of summit talks started late, with Trump, the last to arrive, saying “I'm the boss” as he entered the room and sat next to host French President Emmanuel Macron.
The assembled leaders laughed, and Trump grinned.
The G7 leaders were closing the formal talks of the leading industrial democracies at a lakeside resort in the French Alps on Wednesday with sessions on the future of artificial intelligence and fostering economic growth.
They discussed concerns that China is flooding export markets with subsidised products, unfairly out-competing their own industries and destroying jobs.
Leaders of India, South Korea, Kenya and Brazil also joined the meeting.
The US leader later plans to make a stop for a glitzy dinner at the Palace of Versailles outside Paris before he jets back to Washington.
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