Iran, P5+1 clinch historic deal

iran-dealA defining moment in contemporary geopolitics was made on July 14, with the P5+1 countries and Iran reaching the much-awaited deal to constrain Iran’s nuclear programme, in return for lifting sanctions on Tehran. Hailing the deal, Iran’s Foreign Minister Javad Zarif described the deal as a ‘win-win’ solution but not perfect. “I believe this is a historic moment. We are reaching an agreement that is not perfect for anybody but is what we could accomplish. Today could have been the end of hope, but now we are starting a new chapter of hope,” he underlined.

The deal would make Iran’s civilian and military reactors accessible to international inspection by the IAEA.
According to reports, if Iran violates the deal, sanctions could be restored within 65 days. The deal is seen as a victory for diplomacy over war.

The deal is expected to finally end Iran’s isolation in the world and could mark the return of a normal Tehran in the global arena. This would not only improve Iran’s relations with the West, but would also set the stage for acceleration of Iran’s relations with BRICS countries, including Brazil, Russia, India and China. Iran with its vast energy resources could fulfill the needs of energy scarce countries and also lead to enhanced economic engagement of Tehran with rest of the world. This would ease the burden on Iran and help improve its ailing economy.
Ending Iran’s isolation would also help citizens of Iran integrate with the rest of the world and give them more opportunities. The watershed moment would also ensure a place in history for both President Obama and Iranian President Hassan Rouhani for making this historic deal. The deal is expected to remap contours of the Middle East geopolitics and remove an ever-present danger to world security.

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