Iran nuclear deal
- The Joint Comprehensive Plan of Action (JCPOA), more commonly known as the Iran nuclear deal, was reached between Iran and six world powers known as the P5+1 (China, France, Germany, Russia, the United Kingdom, and the United States) in July 2015.
What did Iran have to do to meet the requirements of the deal?
- According to this framework, Iran would redesign, convert, and reduce its nuclear facilities in order to lift all nuclear-related economic sanctions.
- The deal also allowed for the tracking of nuclear activities with robust transparency and inspections by the International Atomic Energy Agency (IAEA).
U.S. withdrawal from JCPOA
- The US President Donald Trump unilaterally withdrew from the Iran nuclear deal in 2018, claiming it did not address Iran’s ballistic missile programme or its roles in Middle Eastern conflicts.
- The US also re-imposed tough economic sanctions against Iran.
- Reacting to the US’ withdrawal, Iran announced that it will breach its limits set on its nuclear activity by the 2015 deal.
Why in News?
- Iranian Foreign Minister said Iran would fully implement its 2015 nuclear deal if US President-elect Joe Biden lifts sanctions on Tehran.
- Earlier, Biden has pledged to rejoin the historic 2015 accord if Iran also returns to compliance.
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