The two countries still have not initiated talks on restoring the Joint Comprehensive Plan of Action (JCPOA, also known as the Iran nuclear deal) despite Biden repeatedly hinting that he supports the idea. Both states claim the other side should take the first step in returning to compliance with the treaty.
The administration of President Joe Biden is looking into ways of relieving Iran’s woes caused by the sanctions and the pandemic without lifting economic measures, Bloomberg reported, citing anonymous sources. Among the options reportedly discussed by the cabinet is US backing for an International Monetary Fund loan for the Islamic Republic for humanitarian purposes, such as buying medicine and tools needed to combat the coronavirus pandemic.
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