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6 April 2015

IRAN NUCLEAR DEAL: A SIGNIFICANT STEP – ANALYSIS

By Arka Biswas
Iran and P5+1 (China, France, Russia, the United Kingdom, the United States and Germany), also referred to as EU3+3, have agreed on parameters for a Joint Comprehensive Plan of Action (JCPOA) in Lausanne, Switzerland on April 2, 2015. This was announced in a joint statement issued by the EU High Representative, Federica Mogherini, and the Iranian Foreign Minister, Javad Zarif. While the negotiators have only agreed upon the parameters for the JCPOA and the “implementation details” are yet to be worked out, this nevertheless is a significant step. Considering that most of the obstacles to the deal, which have been addressed in the joint statement, were primarily about the political differences between the two sides, it will be important to examine what the agreed parameters and the concessions made by each side are.

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