What is Iran N-deal?

THE HANS INDIA |   Jul 15,2017 , 11:13 PM IST
   


 Iran N-deal
Iran N-deal
Iran N-deal

Iran on Saturday blamed what it called Donald Trump's "arbitrary and conflicting policies" for global security threats, rejecting the US President's description of Tehran as a rogue state. While Trump has kept up his criticism of Tehran, a senior US official said on Thursday that the President was "very likely" to state that Iran is adhering to its nuclear agreement with world powers although he continues to have reservations about it, reports Reuters. 

When the French energy giant Total signed a landmark gas deal with Iran this month, the company’s chief executive Patrick Pouyanné lauded the nearly $5 billion investment as a trailblazing initiative for peace. His comments also highlight the growing rift between the United States and Europe over how to engage with Iran, which the Trump administration has identified as a global menace and singled out for sanctions and isolation, writes Washington Post. 

The Iran nuclear deal framework was a preliminary framework agreement reached in 2015 between the Islamic Republic of Iran and a group of world powers: the P5+1 (the permanent members of the United Nations Security Council—the United States, the United Kingdom, Russia, France, and China—plus Germany) and the European Union.

 Iran's enrichment capacity, enrichment level and stockpile will be limited for specified durations. There will be no enrichment facilities other than Natanz. The Heavy Water facility in Arak with help of international venture will be redesigned and modernized to "Heavy Water Research Reactor" with no weapon grade plutonium byproducts.

 The spent fuel will be exported, there will be no reprocessing. Iran agreed to IAEA inspections. Iran has also agreed to the continuation of the UN arms embargo on the country for up to five years, although it could end earlier if the IAEA is satisfied that its nuclear programme is entirely peaceful. 

A UN ban on the import of ballistic missile technology will also remain in place for up to eight years. When the IAEA verifies Iran's implementation of its key nuclear commitments: The EU will terminate all nuclear-related economic sanctions; 

The United States will cease the application of all nuclear-related secondary economic and financial sanctions; and the UN Security Council will endorse this agreement with a resolution which terminates all previous nuclear-related resolutions and incorporate certain restrictive measures for a mutually agreed period of time.

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