This article originally appeared at LobeLog, just a few hours after the Iran nuclear interim agreement was announced.
These are my initial thoughts on the deal struck between the P5+1 (the U.S., Britain, France, China, and Russia plus Germany) and Iran. They come after a few hours of watching the speeches, reading the briefings from the US State Department and the White House and some heavy-duty work on Twitter, both reading and writing (check my feed at @MJPlitnick if you’d like to see some of it).
1. There are going to be tough political battles in both Washington and Tehran. But the reality is that pretty much everything the P5+1 has granted can be reversed at the figurative snap of a finger. If Iran dilutes or converts all of its 20% enriched stockpile, it will take time to build that back up. From the point of view of a hardliner in Iran, when that point is combined with the complete halt to work at Arak, the total halt to enrichment above 5%, the freeze on new centrifuges and limits on replacement and the earlier agreement Iran struck with the IAEA (which happened outside of the Geneva process, so there was no quid pro quo), this is a very long list of concessions. In exchange, Iran gets only minor sanctions relief, potentially worth as much as only $7 billion and an agreement that the West will leave the limit on Iran’s oil revenue where it is. Continue reading