Iran nuclear deal ‘imminent’ with crippling sanctions removed


The reactor building at the Russian-built nuclear power plant in Bushehr in southern Iran [File: IIPA via Getty Images]

Sources tell Al Jazeera Arabic an agreement to revive the landmark accord abandoned by the US is soon to be announced.

Imminent European proposals to resurrect the nuclear deal between the West and Iran call for the release of frozen Iranian funds and oil exports worth billions of dollars in exchange for Iran’s nuclear program being curtailed.
Sources familiar with the proposed agreement informed Al Jazeera Arabic that the new arrangement will be carried out over the course of four phases spread over two 60-day intervals.

YOUTUBE VIDEO: Nuclear deal: Iran demands end to crippling sanctions
Iran recently expressed hope for reaching agreement on a revised Joint Comprehensive Plan of Action (JCPOA) of the 2015 nuclear deal with the United States and other foreign powers (JCPOA).
Mohammad Marandi, a member of Iran’s negotiation team, stated earlier this week that “we’re closer than we’ve ever been” to reaching an agreement and that the “remaining issues are not particularly tough to settle.”
The US gave its approval to the “final text” plan for the agreement that the European Union delivered last week, and it has stated that it is prepared to rapidly clinch the deal if Iran accepts it.
The proposal states that sanctions against 150 economic institutions and 17 Iranian banks will be eased on the day after the agreement is signed, according to sources with knowledge of the situation.


RELATED:  Iran drops ‘red line’ demand for US to delist IRGC as nuclear talks climax

‘If we are closer to a deal, that’s why,’ senior Biden official tells CNN, adding that Tehran also dropped demand for US to delist several firms tied to Revolutionary Guard
(FILES) In this file photo taken on September 22, 2018 shows members of Iran’s Revolutionary Guards Corps (IRGC) marching during the annual military parade which markins the anniversary of the outbreak of the devastating 1980-1988 war with Saddam Hussein’s Iraq, in the capital Tehran. – Iran’s top security body called an urgent meeting on January 3, 2020 over the “martyrdom” of Quds Force commander Qasem Soleimani by the United States in Baghdad, semi-official news agency ISNA reported. The United States announced earlier that it had killed the commander of the Islamic republic’s Quds Force, Qasem Soleimani, in a strike on Baghdad’s international airport early on Friday. (Photo by STRINGER / AFP)

 

In exchange for returning to compliance with the 2015 nuclear agreement it signed with major nations, Iran has given up its demand that the US strike the Islamic Revolutionary Guard Corps from the State Department’s list of foreign terrorist organizations.
The Biden administration finally acknowledged, in May, after months of unsubstantiated allegations, that it would not be heeding the Iranian demand, dealing what was thought to be a serious blow to the talks aimed at reviving the agreement known as the Joint Comprehensive Plan of Action.


RELATED: Iran nuclear deal: The devil remains in the details

The White House denies any concessions beyond the 2015 deal.
A picture shows a newspaper stall with a view of Etemad newspaper’s front page bearing a title reading in Farsi “The night of the end of the JCPOA “, and cover photos of Iran’s Foreign Minister Hossein Amir-Abdollahian his deputy and chief nuclear negotiator Ali Bagheri Kani, in the capital Tehran on August 16, 2022. – The European Union and United States said they were studying Iran’s response to a “final” draft agreement on reviving a 2015 nuclear accord with major powers the EU presented at talks in Vienna. (Photo by ATTA KENARE / AFP) (Photo by ATTA KENARE/AFP via Getty Images)

 

The Joint Comprehensive Plan of Action may once again be revived, according to rumors (JCPOA).
Close enough that Israeli Prime Minister Yair Lapid urged the White House to end the talks and refrain from making concessions beyond the initial 2015 deal.
Josep Borrell, the head of EU foreign policy, stated on August 8 that the 25-page draft had been sent to the relevant capitals for their consideration before acceptance.
After a five-day session of negotiations in Vienna earlier this month, the Iranian government gave the European Union its response at midnight Tehran time on August 15 to what was referred to as the final text. Enrique Mora, the EU’s chief negotiator.
Iran’s response to the most recent proposal included a number of comments that, if added to the EU’s document, could very well result in a different version, necessitating additional consultations between the United States and Iran in their respective capitals and further discussion among the parties concerned.
It appears that Washington is carefully planning its response to the Iranian remarks.
A balanced nuclear agreement that includes some face-saving for everyone on touchy subjects must be reached by the two sides in order to cement a deal.

REFERENCES:

By: Miss Cherry May Timbol – Independent Reporter

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