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Arriving in Vienna, Chinese Foreign Minister Wang Yi said preserving the deal was critical, and that the treaty states would send a "united, determined and strong signal" that they were committed to it despite U.S. President Donald Trump's decision in May to pull out American support.

Washington has warned other countries to end trade and investment in Iran and stop buying its oil by early November or face punitive measures.

While the other signatories have vowed to stay in the accord, dozens of European, Russian, and Asian companies have announced plans to pull out of Iran for fear of incurring USA penalties when sanctions are reimposed in November.

In the joint statement, Iran's Mohammad Javad Zarif and other top diplomats reconfirmed their commitment to the deal and its "economic dividends" for Iran, which has suffered worsening financial turbulence since Trump abandoned the accord.

Heading in to the talks, German Foreign Minister Heiko Maas conceded that the treaty nations would not be able to compensate Iran entirely for the loss of business from companies withdrawing, but said they would advise firms that want to continue investing and emphasize to Iran that leaving the deal "would have much greater disadvantages".

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The EU, once Iran's biggest oil importer, has vowed to keep the 2015 nuclear deal alive without the United States by trying to keep oil and investment flowing.

Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt, and that Tehran still has access to the SWIFT worldwide bank payments messaging system or an alternative.

"We must put in place measures that allow Iran to trade as long as it meets its commitments", he told RTL radio in France, cautioning that the new steps may take until November when numerous sanctions take effect.

"We are meeting here today to make sure the nuclear agreement with Iran has a future", German Foreign Minister Heiko Maas said as he arrived for talks with counterparts from Iran and the other signatories Britain, China, France and Russian Federation.

Iran's Revolutionary Guard, an elite branch of the military, said yesterday he is prepared to follow presidential orders to halt Iranian oil exports.

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Trump in May slammed the nuclear accord signed under his predecessor Barack Obama as "horrible" and "defective at its core", earning applause from Iran's regional rivals Saudi Arabia and Israel.

Iran's President Hassan Rouhani had Thursday told French President Emmanuel Macron by phone that the European offer of economic measures did "not meet all our demands", Iran's state news agency IRNA reported. Even though Iran's Foreign Minister Mohammad Javad Zarif said that the USA actions "de-facto disrupted the agreement", thus giving Iran a right to withdraw from it as well, the Islamic Republic would not exercise this right, according to Lavrov.

He said that up to now, the package of incentives proposed to Iran were "disappointing", and that they "lacked an operational solution and a specific method for cooperation, and featured just a set of general commitments".

The rial currency has fallen, prices have risen and the country has been hit by street protests and strikes. Unlike many other news organizations, we have not put up a paywall.

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