Iran, European Powers Meet in Bid to Avoid Fresh Nuclear Crisis

(Bloomberg) -- Top diplomats from Europe and Iran are meeting in New York to try to avert a fresh crisis over the Islamic Republic’s nuclear program as the country faces the resumption of sweeping United Nations sanctions.

Foreign ministers from France, Germany, the UK and the European Union’s top envoy started talks with their counterpart, Abbas Araghchi, on the sidelines of the United Nations General Assembly in New York on Tuesday, according to people familiar with the matter.

In August, the three main European powers triggered the so-called snapback mechanism — a veto-proof provision in the 2015 deal to control Iran’s atomic activities — giving Tehran 30 days to comply to a set of demands or face the reimposition of international sanctions on its economy and missile program.

While t