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Thursday 28 November 2013 - 04:58

The White House published the terms of the agreement on Iran’s nuclear program

Story Code : 325388
The White House published the terms of the agreement on Iran’s nuclear program
The most important details: 

1-    Halting the progress of the Iranian nuclear program and achieving a decline in some of the basic elements. 

-    Iran’s commitment to halting enrichment to a level higher than 5% and dismantling the needed technological communications to enrich uranium to a level beyond 5%. 

-    Iran’s commitment to getting rid of its stockpile of enriched uranium by 20%. 

-    Iran’s commitment to halting progress at the level of its ability to enrichment through a commitment not to install additional centrifuges of any kind, and not to install or use any centrifuges of the next generation of uranium enrichment. In addition, Iran was committed to leaving about half of the centrifuges installed at Natanz and three-quarters of the centrifuges installed at Fordo in a body that is unfit for work, so they cannot be used to enrich uranium, as well as not to build additional facilities to enrich uranium. 

-    Iran’s commitment to halting progress on the growth of its stockpile of enriched uranium by 3.5%. 

-    Iran’s commitment not to develop more activities at Arak and to halt progress on the path of plutonium; it will not provide the Arak reactor with fuel, will not produce this fuel at all, and will not conduct additional tests of the fuel for the reactor. In addition, it will not build a facility capable of reprocessing, and without reprocessing Iran cannot separate the plutonium from the spent fuel. 

2-    The unprecedented transparency and the observational intervention of Iran’s nuclear program: 
-    Iran’s commitment to providing daily access to inspectors and the International Atomic Energy Agency (IAEA) to Natanz and Fordo, what allow the inspectors to review the camera footage to ensure a comprehensive monitoring, provide greater transparency even in the uranium in these locations, and shorten the time to discover any error that breach the agreement. 

-    Iran’s commitment to allowing the IAEA to have access to facilities that collect and store the centrifuges and the uranium mines and mills. 

-    Iran’s commitment to providing information about the Arak reactor’s design, and allowing the inspectors to have access more frequently to the reactor. 

3-    The verification mechanism 
The International Atomic Energy Agency (IAEA) will implement several steps to verify Iran’s commitment to the terms of the agreement, in consistent with its ongoing role in monitoring and inspecting in Iran. In addition, the group of six and Iran were committed to establishing a joint committee to work with the IAEA to monitor the implementation of the issues and headings that may arise, and the joint committee will also work with the IAEA to facilitate resolving the past and present concerns with respect to Iran’s nuclear program, including the possible military dimension of Iran’s nuclear program and Iran’s activities in Parchin. 

4-    A limited and temporary assistance 
In return for these steps, the group of the six world powers pledged to provide limited and temporary relief for Iran, while maintaining the majority of the sanctions imposed on it, including the form of the oil, finance, and banking related sanctions. In case Iran refused to fulfill its obligations, the group of six will abolish the provided relief. In the details: 
-    Not imposing new nuclear sanctions for six months 

-    Suspending some sanctions on gold and precious metals, automotive sector in Iran, and Iran’s exports and petrochemicals, what may give Iran about 1.5 billion dollars in revenues.
 
-    Licensing repairs related to safety inside Iran for some Iranian airlines. 

-    Allowing the purchase of the Iranian oil to remain at the current level 60%, lower than its previous level two years ago. Additionally, 4.2 billion dollars will be converted from these sales to Iran in batches, if Iran fulfilled its obligations. 

-    Allowing the transfer of 400 million dollars from the government tuition assistance, out of the Iranian banned funds, directly to the educational institutions recognized in the third world countries to cover the costs of the tuition fees for the Iranian students. 

5-    The humanitarian transactions  
Facilitating the humanitarian transactions permitted by the U.S. law, relating to purchasing foodstuffs, agricultural goods, and medical devices by Iran, as well as facilitating the transactions to cover medical expenses that are sustained abroad, except the transactions that provide Iran with the opportunity to access any new source of funds. 

6-    The status of the limited relief in the near future 
In total, about 7 billion dollars under the title of relief are considered a fraction of the costs that Iran will continue to bear during this first phase, based upon the sanctions that have not been abolished. The vast majority of the Iranian cash, which is about 100 billion dollars, is constrained because of the sanctions. 

7-    Maintaining the form of sanctions and economic pressure on Iran 
During the first phase, imposing sanctions on Iran will continue vigorously, including taking actions against those who seek to evade or circumvent the imposed sanctions. The sanctions, which affect the sales of crude oil, will continue through putting pressure on the Iranian government. 

8-    A comprehensive solution 
During the first phase that consists of six months, the group of six will discuss the parameters of the comprehensive solution. Until now, the general outlines of the comprehensive solution could be summarized through concrete steps to give confidence to the international community regarding the peacefulness of the nuclear activities of Iran. 
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