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Defend the deal: on Iran nuclear deal
Article:
- Article deal with options available to Iran against the US sanctions.
Important facts:
- The Joint Comprehensive Plan of Action or the Iran nuclear deal is an agreement on the nuclear program of Iran between Iran and P5+1
- P5+1 -China, France, Russia, United Kingdom, and United States plus Germany
- U.S has recently pulled out from the Iran nuclear deal and has threaten to impose sanction on Iran.
- The other signatories are still a member of the agreement. But they are not able to come up with a framework to restore the deal.
- According to the deal, Iran can enrich uranium under strict restrictions.
- It is not against the agreement as long as it does not produces centrifuges.
- But most recently, Iran decides to open a centre for the production of new centrifuges at Natanz facility, which could be used for uranium enrichment capacity.
- A new production center itself is a provocative step by the remaining parties to the agreement.
- Iran should instead cooperate with Europe and China to protect the nuclear deal and face US sanctions.
- Because, once U.S sanctions are implemented, European countries might not continue to invest in Iran.
- An economic and legislative protection against U.S. sanctions is needed for Europe and Iran’s economic interests.
- U.S. withdrawal should not affect Iran’s oil exports and its access to the SWIFT international bank payments messaging system.
