Historic Iran nuclear deal: Salient features



News:

  • Iran and six major world powers reached a nuclear deal, with an agreement that could transform the Middle East, and which Israel called an “historic surrender”.
  • Under the deal, sanctions imposed by the US, EU and UN would be lifted in return for Iran agreeing long-term curbs on a Nuclear program.

Salient points:

  • Iran had accepted a “snapback” mechanism, under which some sanctions could be reinstated in 65 days if it violated the deal.
  • The accord will keep Iran from producing enough material for a nuclear weapon for at least 10 years.
  • The International Atomic Energy Agency (United Nations nuclear watchdog), announced an agreement with Iran on a road map to resolve its own outstanding issues with Tehran by the end of this year.
  • The main deal with the world powers depends on the IAEA being able to inspect Iranian nuclear sites and on Iran answering the watchdog’s questions about possible military aims of previous research.
  • Tehran would have the right to challenge the UN request and an arbitration board composed of Iran and the six world powers would then decide on the issue.
  • The IAEA also wants the access to complete its long-stymied investigation of past weapons work by Iran, and the US says Iranian cooperation is needed.

Source: ET


About Swathi Ragiphani

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