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IRAN NUCLEAR DEAL – framework announced

IRAN NUCLEAR DEAL REACHED

LAUSANNE, SWITZERLAND (TIP): April 2, 2015 becomes historic as Iran Nuclear deal framework is announced. It is a significant step towards a landmark deal aimed at keeping Iran’s nuclear program peaceful. Iran would reduce its stockpile of low-enriched uranium by 98% and significantly scale back its number of installed centrifuges, according to the plan. In exchange, the United States and the European Union would lift sanctions that have crippled the country’s economy. “It is a good deal, a deal that meets our core objectives,” U.S. President Barack Obama said in a speech from the White House Rose Garden. “This framework would cut off every pathway that Iran could take to develop a nuclear weapon.”

The deal would include strict verification measures to make sure Iran complies, he said.

“If Iran cheats,” Obama said, “the world will know it.”

Given below are the key parameters of a Joint Comprehensive Plan of Action (JCPOA) regarding the Islamic Republic of Iran’s nuclear program that were decided in Lausanne, Switzerland.  These elements form the foundation upon which the final text of the JCPOA will be written between now and June 30, and reflect the significant progress that has been made in discussions between the P5+1, the European Union, and Iran. Important implementation details are still subject to negotiation, and nothing is agreed until everything is agreed. “We will work to conclude the JCPOA based on these parameters over the coming months”, a White House statement said. 

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