IRAN, SIX GLOBAL POWERS SIGN
LANDMARK NUCLEAR DEAL
Iran
would be allowed to carry out 3.5 per cent enrichment, under severe
constraints, which would ensure that its existing stockpile at the end of six
months does not expand. Currently, Iran has a seven tonne stockpile. This can
increase by another tonne due to fresh enrichment, but at the end of six
months, the accumulated material should return to seven tonnes.New equipment
would be installed to convert part of the additional stocks to oxide.Allowing
Iran to carry out limited enrichment, without explicitly acknowledging its
“right to enrich,” is the result of an understanding that was apparently
reached after difficult negotiations between Washington and Tehran. The New York Times is
reporting that American officials had recently signaled their openness for a
compromise, where the two sides would “agree to disagree” on the interpretation
of the Nuclear Non-Proliferation Treaty (NPT), which Iran has signed, without
stopping Tehran from enriching.The divergence in interpretation was evident
when U.S. Secretary of State John Kerry said in Geneva that, "This first
step does not say that Iran has the right of enrichment, no matter what
interpretative comments are made.” On the contrary, during his turn at the
podium, Mr. Zarif declared that the agreement “has a very clear reference to
the fact that Iranian enrichment programme will continue and will be a part of
any agreement, now and in the future."
The
deal also overcame past objections from countries such as France, which wanted
Iran to halt all construction at the heavy water facility at Arak, which can
allow Tehran to derive Plutonium as an alternative material for a nuclear
explosion. In the compromise that was struck, Iran is allowed to carry out
construction activity, but is being prohibited from producing fuel that is
necessary to run the heavy water reactor at the facility.The agreement bars
installation of additional centrifuges — spinning machines that are used for
enrichment — but permits the replacement of those that are broken.The entire
deal rests on foundations of a watertight monitoring regime that would be
enforced by the International Atomic Energy Agency (IAEA). Consequently,
international monitors would be allowed daily entry into Natanz and Fordo facilities
—Iran’s two premier enrichment sites — to check camera recordings there.In
return for its compliance, Iran would be permitted phased sanctions relief
amounting to $ 6-7 billion, of which $4.2 billion will flow from funds that
have been frozen in foreign bank accounts. The calibrated lifting of sanctions
will follow an executive order that would help President Barack Obama by-pass
Congress, where there has been a significant opposition to a compromise deal
with Iran.Israel, known for its considerable influence among U.S. lawmakers,
has slammed the deal. “What was achieved last night in Geneva is not a historic
agreement, it was a historic mistake,” asserted Israeli Prime Minister,
Benjamin Netanyahu, during a meeting with his cabinet colleagues.
Prof. John Kurakar
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