Iran Nuclear Agreement An Overview

A body known as the Joint Commission and representing all parties to the negotiations oversees the implementation of the agreement. Under the chairmanship of the EU`s Representative for Foreign Affairs, Federica Mogherini, it is responsible for dispute settlement and the majority of its members can allow IAEA inspectors access to undeclared sites they deem suspicious. The panel also oversees the transfer of nuclear and dual-use materials. According to the details of the deal released by the U.S. government, Iran`s uranium stockpile will be reduced by 98 percent to 300 kg (660 lbs) for 15 years. The enrichment rate must also be maintained at 3.67%. Iran will retain no more than 6,104 centrifuges out of nearly 20,000 it owns. In Iran, there are two uranium enrichment plants: Natanz and Fordo. Under the 14th Joint Comprehensive Plan of Action (JCPOA) agreed on July 1, the Natanz facility will be limited to the installation of 5,060 oldest and least efficient centrifuges for 10 years. At Fordo, no enrichment will be allowed for 15 years and the underground facility will be transformed into a nuclear, physical and technological center. 1,044 centrifuges at the site will produce radioisotopes for use in medicine, agriculture, industry and science. [16] [17] This enrichment rate of 3.67% would be sufficient for peaceful and civilian use to power certain parts of the country and is therefore not sufficient to build an atomic bomb. [18] Inspectors from the International Atomic Energy Agency (IAEA), the World Nuclear Monitoring Authority, continuously monitor Iran`s declared nuclear facilities and also verify that no fissile material is secretly transported to make a bomb.

In July 2015, Iran and six countries reached a landmark agreement called the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal. In January 2016, when the IAEA declared that Iran would abide by the end of the deal, all international nuclear sanctions against Iran were lifted. “There`s a direct line that can be drawn from Trump`s violation of the Iran deal and the risk of conflict right now,” Jon Wolfsthal, who worked as a nuclear expert for the National Security Council under Obama and is now chief adviser at Global Zero, recently told insiders. .