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Permanent solution to Iran issue coming soon
Feb 17, 2014

Iran and world powers will meet on Tuesday for transforming their interim nuclear deal into a long-term accord satisfying all sides and silencing talks of war for good.

After a decade of failure and rising tensions, U.S. President Barack Obama has put the chances of an agreement at “50-50”, while Iranian Foreign Minister Mohammad Javad Zarif has predicted “difficult” discussions.

The deal could also help bear fruit in other areas, not least in the three-year-old Syrian civil war where Tehran has staunchly backed President Bashar al-Assad.

According to the Jan 20 agreement Iran was denied to produce enough highly-enriched uranium for a nuclear weapon. In return Iran is due to get over the six months some $6-7bn in sanctions relief, including $4.2bn in assets frozen in overseas bank accounts. It was also promised no new sanctions.

But Iran's freeze is only temporary — although it can be extended — and the bulk of sanctions remain, continuing to deprive Iran of billions of dollars in oil revenues every week.

Under the “comprehensive” deal now being sought, which the parties aim to conclude and commence implementing by November, the powers will want Iran to scale back its activities permanently. These might include closing the Fordo facility, slashing the number of centrifuges enriching uranium, cutting its stockpile of fissile material and altering a new reactor being built at Arak. In exchange, Iran would see all UN Security Council, US and EU sanctions lifted, but it remains to be seen whether it will accept the conditions.


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