IRANIAN President Hassan Rouhani said Wednesday that the Islamic republic will abandon more of its nuclear commitments in the coming days if the parties to the Iranian 2015 international nuclear deal fail to observe their commitments.

Iran will increase the percentage of its enriched uranium to higher purity from July 7 on, Rouhani was quoted as saying by Tasnim news agency.

“As of July 7, our uranium enrichment will not be limited to 3.67 percent of purity,” he said. “We will increase it based on our needs.”

After one year of U.S. unilateral exit from the Iranian landmark nuclear deal, Iran withdrew from implementing part of the nuclear deal May 8 and threatened to take more actions in case Tehran’s interests under the pact cannot be guaranteed. At that time, Iran set a 60-day deadline for the Europeans to help the Islamic republic reap the economic benefits of the deal.

Rouhani, who was talking in a cabinet meeting Wednesday, also said that Iran’s Arak heavy water nuclear reactor, which was agreed to be redesigned under the 2015 nuclear agreement, will resume its previous activities after July 7 if the other signatories to the deal fail to uphold their end of the deal, according to Press TV.

Under the Iranian nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), Iran agreed to redesign the 40-megawatt Arak research reactor to cut its potential output of plutonium.

Rouhani said Iran’s imminent move concerning the Arak reactor could only be reversed “if they (the other signatories) act on all of their commitments concerning the facility.”

Moreover, the Iranian president slammed the EU-designed payment channel as an “empty” mechanism.

“Empty Instrument in Support of Trade Exchanges (INSTEX) is of no use to us ... it is void and nothing is in it” to protect Iran’s interests under the 2015 nuclear deal, he said.

However, if the INSTEX becomes operational and supplies Iran with petrodollars, it will be acceptable for Iran despite its shortcomings, he added. (Xinhua)