President described the Joint Comprehensive Plan of Action (JCPOA) beneficial for all nations, the region and the world, stressing that the best way for the United States is to fix its mistake, saying, "If the US is so much afraid of the word fire, then it must not start the flames".
Speaking in a cabinet session on Wednesday, Dr Hassan Rouhani added, "The Americans started the fire in the region a year ago, but they are saying that playing with fire is dangerous, while they are after sparking fire".
He continued, "The only way to put out this fire is to return to commitments and United Nations" resolutions, but if they do not want to return to these commitments, the Islamic Republic of Iran will start the next step exactly after 60 days".
"So far, the Americans have been saying that JCPOA was a bad deal, but they are very upset about Iran distancing itself a bit from this deal," he said.
The President continued, "If this agreement is good, then why Europe and the US do not live up to their commitments under the deal, and if it is bad, then why when Iran wants to reduce a part of its commitments, they respond strongly?"
"It is very surprising that when Europe stays silent when it sees that an 82-million nation is having trouble supplying its basic needs," said Rouhani.
He also went on to say, "Iran"s move to reduce its commitments is not aimed at undermining the JCPOA, but also an attempt to save it; because we believe that if we don"t do anything, the deal will be lost".
Stating that Iran exceeding the 300kg enrichment limit is only to save the deal, Dr Rouhani added, "As we have said before, if the other sides return to their commitments, Iran will swiftly return to the terms of the agreements, and if we produce high amounts, we will sell it to other countries like Russia and get Yellow Cake instead in a short time".
He also said that Iran has announced that it has made no commitments regarding the production of 130 tonnes of heavy water and it may increase, saying, "If the conditions of the deal are met, returning to under 130 tonnes will be done very fast as well".
"Iran has never intended to be stubborn and pull out of the deal, and the other sides can never criticise Iran for its actions, because Iran has repeatedly extended its deadlines at the request of European leaders," he said.
The President also said that Europe has not lived up to what it has promised to Iran, saying, "People should know that Iran has never acted based on impulse, but completely on logic and reason".
He stated, "The patience of the Islamic Republic of Iran has been strategic as some world leaders say".
If the JCPOA is a good deal, everyone must be committed to it, said the President, adding, "The negotiating parties are not committed to the deal, but they keep criticising Iran for it".
The President went on to describe Europe"s Instrument in Support of Trade Exchanges (INSTEX) only a show, saying, "Today, INSTEX is only a mechanism without money, and an empty INSTEX is not useful at all, but if INSTEX is activated and Iran gets is oil money, it can be acceptable to some extent despite its shortcomings".
On July 7, our enrichment level will be based on our needs, said the President, adding, "From July 7, Iran"s enrichment level will no longer be 3.67, and we will increase it to the level we need".
"If the other side does not live up to its commitments, the Arak Reactor will return to its previous state, which they claimed that was dangerous, able to produce plutonium," he said.
He also said that "Iran advises the United States and Europe to return to the negotiation table," adding, "Everybody must act based on the JCPOA".
The president added, "We could not remain silent in reaction to the inaction of the other side, and that"s why we have done these things, but the other sides should know that at any hour that they come back to the JCPOA, we will return as well; we are still in the deal and all the actions we do are to save the deal".
Dr Rouhani added, "I believe that the government, the other branches and the armed forces under the leadership of the Supreme Leader, can begin moving towards the past 55 months; of course, this requires a great deal of unity, but it is possible".
Referring to the shooting down of Iranian airliner by American warship in 1988, the President said, "This proved that committing crimes is easy for Americans".
"Americans say that they mistook an Airbus passenger airplane as an F14, which is very ridiculous," he said.
Dr Rouhani also said, "Americans did not only not apologise the Iranian nation for their mistake, but gave the commander of the warship a medal".