15 July 2015

Editorial: The Final Iran Deal Is Here - What Iran Gives Up, What Iran Gets

By Ankit Panda

After 20 months of sustained negotiation, Iran and the P5+1 group of powers have reached a final agreement.

Iran and the P5+1—a group including the United States, Russia, China, France, the United Kingdom, and Germany—have reached a final agreement, a Joint Comprehensive Plan of Action (JCPOA) over Iran’s nuclear program. The agreement comes nearly 20 months after the November 2013 Joint Plan of Action, in which Iran made major technical concessions regarding the functioning of its civilian nuclear program in exchange for moderate sanctions relief. The final agreement is largely based off the framework agreement that was reached in early April 2015 in Lausanne, Switzerland. In broad strokes, the final deal will see a potential Iranian nuclear weapon program set back by at least a decade through a series of internationally enforced technical concessions. In exchange, Iran will receive relief from nuclear-related sanctions.

The deal was announced by EU High Representative Federica Mogherini and Iranian Foreign Minister Javad Zarif on July 14, 2015. Mogherini and Zarif read a statement announcing the terms of the deal (PDF).

Read the full story at The Diplomat