What is the future of Iran's nuclear deal?

International Oct 24, 2020

The history behind Iran nuclear deal

  • In 2015, Iran entered into a historic agreement with six other developed countries, called the Joint Comprehensive Plan of Action, popularly known as the Iran nuclear deal.
  • The six influential countries bound in the deal were known as the P5+1, which includes 5 permanent members of the United Nations security council ( US, France, UK, China, and Russia)  and Germany.
  • After two years of intense and enthralled discussions, aiming to boost Iran’s economy, a deal came together restricting the country’s ability to create nuclear weapons in exchange for lifting economic sanctions against it.
  • This proved to be historic yet a requisite deal consolidating the countries into a greater force, especially aiding Iran to stimulate its deteriorating relations and economy.
  • While this was able to keep Iran buoyed, after Trump won the elections, he withdrew the USA from the deal.
  • Till today, the future remains precarious and volatile as the upcoming elections could lead to the resurgence of the role of the USA.

How will the upcoming elections affect the nuclear deal?

  • Keeping his word, Donald Trump withdrew from the nuclear deal, claiming the yield to be lucrative for Iran but futile for the US.
  • Since then Washington has reinstated sanctions on Iran and sought to penalize the countries that maintain trades with the country.
  • In response, Iran resumed its uranium enrichment at the Fordow nuclear plant, which has been banned under the deal.
  • On the other hand, Joe Biden, the presidential candidate, aims to join the deal once again and seek additional concessions from Tehran.
  • This indicates that the future of the deal will be heavily affected by the outcome of the elections as the tensions escalate.
  • As a result of castigated and protracted wars between the US and Iran, heavy destruction and vengeance have unfurled into a downright mess.
  • This deal plays a pivotal role in stabilizing the fragmented middle east and alleviate the geopolitical tensions by uniting the countries.
  • The already fragile economy of Iran is brooking the exacerbated conditions and restrictions created by the US- applied sanctions, as it faces a tumultuous blow.
  • Not only does this deal prove to be ostensibly fecund for Iran but can also result in the culmination of global and political tranquility in the Middle East.
  • By the same token, the remaining countries need to uphold their commitments and make the deal successful by fulfilling their sides of responsibility.

This article has been written by Jahnavi Rathore for The Paradigm

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