Iran Deal Draft Reportedly Includes 4 Phases, Would Take Full Effect After 165 Days
According to an unsourced report, the EU draft proposed last month included four incremental steps in the halting of Iran’s nuclear activity, and in the lifting of Western sanctions on the Islamic Republic, with the fourth and final step taking effect 165 days after the deal is signed.
The first step, taking effect on the day of the signing, would see Iran freeze its uranium enrichment, although it will be allowed to hold on to the enriched uranium it will have stockpiled before that date.
The report said the second step would take 30 days and will see the administration of US President Joe Biden bring the deal to Congress for approval.
The third step, 60 days after congressional approval, would see Washington notify the UN Security Council and the International Atomic Energy Agency (IAEA) about its decision to rejoin the pact.
The fourth and final step — after an additional 60 days — would see the US formally return to the deal, with the sides removing more sanctions and halting their violations of the JCPOA, according to the report. (TOI / VFI News)
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