Monday 6 April 2015

Iran’s nuclear deal is good news for the wider region | The National

Iran’s nuclear deal is good news for the wider region | The National:



"Thursday’s Iranian nuclear deal is unequivocally a good one. It is good news for the Iranian people, who can look forward to financial relief. It is good for the Middle East, which is spared yet another conflict in the short term, and can hope for better trade relations and the future integration of Iranian energy resources.



The accord, between Tehran and the P5+1 negotiating group, is also a great result for the United States, Europe and Iran’s neighbours, with any chance of an Iranian nuclear weapon put off by at least 10 years. Serious analysts, even sceptical or hawkish ones, are surprised by the strength of the constraints. For a direct cost of $100 billion or more, and economic losses well in excess of that, Iran has achieved no tangible gains from its nuclear programme.



Of course, this agreement is only a framework, and much detailing is required by the next deadline of June 30. A key point of contention is how fast sanctions are lifted in return for Iranian compliance, with the foreign minister Javad Zarif apparently expecting they would be eased immediately."



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