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Is the Iran Nuclear deal in jeopardy?

A new round of sanctions could be levied against Iran, and the US could still withdraw from the agreement

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

Several European players are mulling the idea of adding additional sanctions against Iran in the hopes that such actions would placate Washington into remaining a part of the deal, known as the Joint Comprehensive Plan of Action (JCPOA).

Given that the deal doesn’t address the sort of missiles that Iran can develop and possess, and that it doesn’t address the possible levying of additional sanctions on any pretexts other than nuclear based pretexts, this technically leaves the way wide open for additional sanctions to be put in place against Tehran, therefore Iran’s missile program can be used as an excuse to introduce sanctions on the Middle Eastern country, and hopefully Washington will provide a thumbs up for them and decide to stay in the deal.

Part of what makes the missile program pretext look so appealing to the agreement’s European signatories is that Tehran has said that it will not consider taking action to address its missile program as long as the US and EU continue to maintain their own such programs. Ergo, since it is already plain that Tehran won’t budge on the issue,  Europe can demand such action, knowing that such demands would be fruitless, and therefore justify introducing a fresh round of sanctions. RT reports:

France, Germany and the UK have proposed new sanctions targeting Iran in an apparent attempt to keep the US within the 2015 nuclear agreement with Tehran. New restrictions would target Iran’s missile program and activity in Syria.

The sanctions would be particularly imposed against Iranian nationals involved in the development of the country’s ballistic missile progam, Reuters reported, citing a document it obtained.

“We will therefore be circulating in the coming days a list of persons and entities that we believe should be targeted in view of their publicly demonstrated roles,” the document said, referring to the people involved in the Iranian missile program and support of the Syrian government, as reported by Reuters.

The confidential document also says that the three European nations have been engaged in “intensive talks with the Trump administration to achieve a clear and lasting reaffirmation of US support for the (nuclear) agreement beyond May 12.” Diplomats familiar with the issue told Reuters that the European powers held several rounds of talks with the US on the issue this week.

The text of the document was also sent to EU capitals on Friday to garner support for the decision to impose new sanctions, which would require the backing of all 28 EU member states.

The three nations believe that the measure is justified by the 2015 nuclear agreement. The document says that the signatories of the agreement are legally “entitled to adopt additional sanctions against Iran” as long as these new measures are not nuclear-related or are not similar to the restrictions which were previously lifted under the JPCOA.

According to Reuters, the list of sanctions could potentially include travel bans and asset freezes on individuals, as well as a ban on doing business or financing public and private companies. The document proposes building on the existing restrictions imposed by the EU against Syria.

The news came as the signatories to the deal attended a regular meeting aimed at reviewing the implementation of the agreement, which is also known as the Joint Comprehensive Plan of Action (JCPOA). The representatives of the US, Russia, China, France, Germany, the UK and Iran met in Vienna on Friday.

Earlier, European diplomats said they were desperate to save the deal from potential collapse by discouraging US President Donald Trump from pulling out of it in May. On May 12, Trump is expected to extend the waivers of the economic sanctions imposed on Iran. He has said, however, that he would not do so if the deal is not “fixed.”

The JCPOA was negotiated in the summer of 2015 with provisions that were meant to curb Tehran’s nuclear program by reducing the number of its enrichment facilities by two-thirds, cutting its enriched uranium stockpile by 98 percent and keeping enrichment below the weapons-grade level. In exchange, the six powers agreed to lift sanctions that were imposed on the Islamic Republic over a decade due to its nuclear program.

However, the deal never covered Iran’s missile activities or any other actions. Iran repeatedly refused to discuss its missile program with the Western powers, adding that its missile program was being developed solely for defensive purposes.

In early March, Iranian Armed Forces spokesman Masoud Jazayeri said that Tehran would enter into negotiations over the issue of the Iranian missile programs only after the US and European states destroyed the nuclear weapons and long-range missiles they possess. At the same time, a senior adviser to Iran’s supreme leader said that “it is the Islamic Republic [that] would decide on the type of missile it can possess.”

Tehran also refuses to re-negotiate the 2015 deal and said it will not accept any supplementary agreements to it. “The JCPOA is a product of long negotiations and a package of exchanges which have (already) taken place,” Abbas Araghchi, the Iranian deputy foreign minister, told the IRNA news agency on Friday, as he ruled out any changes or amendments to the document.

Tehran’s compliance with the 2015 agreement was then repeatedly confirmed by the International Atomic Energy Agency (IAEA), a UN nuclear watchdog. Trump, however, repeatedly called the agreement the “worst deal ever negotiated,” and demonstrated apparent aspiration to “dismantle” it on many occasions.

Russia and China relentlessly warned the US against unilaterally revising the agreement, which they argue would hurt global security. In late January, Moscow warned that Washington “blackmails” European nations into changing or amending the deal with threats to withdraw from the agreement and demands that the deals “flaws” to be fixed.

Of Course, a new round of sanctions could be passed against Iran, and for whatever reason, the US could still withdraw from the agreement. Of course the JCPOA’s European parties would still be party to the agreement, if the US applied a sufficient degree of pressure on them to further dismantle the deal, two possible outcomes could be the result.

First, they could capitulate to Washington’s demands, effectively ending the deal and leading to the further destabilization of relations with Iran, likely leading to the resumption of Iran’s nuclear weapons development program without Western oversight.

Second, they could refuse to do so, which would further damage America’s political clout on the world stage in a manner even more detrimental than the potential trade wars that are possible as a result of newly imposed tariffs and the Jerusalem embassy issue that occurred this past December, which would further damage the possibility of any accord being struck through talks with North Korea.

Of course, with the appointment of Mike Pompeo as the new Secretary of State, the JCPOA’s prospects become even more endangered due to his ‘hawkish’ approach towards Iran. Between the possible introduction of new sanctions by the UK, France, and Germany, as well as the potential withdrawal of the US from the nuclear deal in May, the prospects for Iran and the rest of the Middle East could become considerably more capricious.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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