2021-12-14 03:10:37
Iran Nuclear Deal
JCPOA: Timeline & Background
The JCPOA was the result of prolonged negotiations from 2013 and 2015 between Iran and P5+1 (China, France, Germany, Russia, the United Kingdom, the United States, and the European Union, or the EU).
It happened, thanks to the backchannel talks between the U.S.(U.S. President Barack Obama) and Iran, quietly brokered by Oman, in an attempt to repair the accumulated mistrust since the 1979 Islamic revolution.
The JCPOA obliged Iran to accept constraints on its enrichment program verified by an intrusive inspection regime in return for a partial lifting of economic sanctions.
However, faced with a hostile Republican Senate, President Obama was unable to get the nuclear deal ratified but implemented it on the basis of periodic Executive Orders to keep sanction waivers going.
When Donald Trump became president, he withdrew from the deal and called it a “horrible, one-sided deal that should have never, ever been made”.
The U.S. decision was criticized by all other parties to the JCPOA (including the European allies) because Iran was in compliance with its obligations, as certified by the International Atomic Energy Agency (IAEA).
Tensions rose as the U.S. pushed ahead with its unilateral sanctions, widening its scope to cover nearly all Iranian banks connected to the global financial system, industries related to metallurgy, energy, and shipping, individuals related to the defense, intelligence, and nuclear establishments.
For the first year after the U.S. withdrawal, Iran’s response was muted as the E-3 (France, Germany, the U.K.) and the EU promised to find ways to mitigate the U.S. decision.
The E-3’s promised relief Instrument in Support of Trade Exchanges (INSTEX), created in 2019 to facilitate limited trade with Iran.
However, by May 2019, Iran’s strategic patience ran out as the anticipated economic relief from the E-3/EU failed to materialize. As the sanctions began to hurt, Tehran shifted to a strategy of ‘maximum resistance’.
407 views00:10
D
