Iran nuclear deal
Context: Iran, world powers ready to welcome back US to nuclear deal.
More about news:
- The chair of the group including the European Union, China, France, Germany, Russia, Britain and Iran said that the participants “emphasized their commitment to preserve the JCPOA and discussed modalities to ensure the return to its full and effective implementation.
- Washington pulled out of the deal unilaterally in 2018 under President Donald Trump, but successor Joe Biden has indicated that the US would be willing to rejoin.
- But there are complications. Iran has been steadily violating the restrictions of the deal, like the amount of enriched uranium it can stockpile and the purity to which it can enrich it.
- Tehran's moves have been calculated to put pressure on the other nations in the deal — Russia, China, France, Germany and Britain — to do more to offset crippling sanctions re-imposed under Trump.
- The International Atomic Energy Agency has said that over the past two years, Iran has accumulated a lot of nuclear material and new capacities, and used the time for “honing their skills in these areas.”
- The ultimate goal of the JCPOA deal is to prevent Iran from developing a nuclear bomb.
- Iran now has enough enriched uranium to make a bomb, but nowhere near the amount it had before the nuclear deal was signed.
JCPOA deal
- The Joint Comprehensive Plan of Action known commonly as the Iran nuclear deal or Iran deal, is an agreement on the Iranian nuclear program reached in Vienna on 14 July 2015, between Iran and the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany)together with the European Union.
- Under the JCPOA, Iran agreed to eliminate its stockpile of medium-enriched uranium, cut its stockpile of low-enriched uranium by 98%, and reduce by about two-thirds the number of its gas centrifuges for 13 years.
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