The door to the next world war has just been opened and the Iranians are laughing all the way to the bank to pick up their once frozen revenue.
Iran and world powers on Tuesday announced they had sealed a final nuclear deal with Tehran that will lift most economic sanctions on the country and permit it to continue many of the most controversial aspects of its nuclear program, as well as its missile development, according to initial text of the agreement and statements by diplomats.
The agreement, which was finalized in Vienna, would in lift international sanctions on Iran and permit it to continue key elements of its nuclear work, as well as research and development.
Iran will be permitted to continue spinning centrifuges, which are used to enrich uranium, the key component in a nuclear weapon. Western powers will also work with Iran to help it install and operate more advanced centrifuges, according to those appraised of the deal.
Sanctions also will be lifted on Iran, including those on the country’s banks and financial sectors, which have long supported Iran’s nuclear program as well as its sponsorship of international terror groups.
In one of the more controversial concessions made by the Obama administration, a United Nations’ embargo on arms also will be lifted within around five years as part of the deal, according to multiple reports. A similar embargo on the construction of ballistic missiles, which could carry a nuclear payload, also will expire in around eight years under the deal.
Initial readings of the deal also indicate that Iran will be given the right to veto so-called “anywhere, anytime” inspections of Iranian nuclear sites. This concession has caused concern that Tehran will be able to continue obfuscating its nuclear work and potentially continue in secret along the pathway to a bomb.
Iran also will be permitted for a time to keep its military sites off limits to inspectors, who have long been unable to confirm the past dimensions and scope of Iran’s nuclear weapons work.
In addition, “none of the Iranian nuclear facilities will be dismantled or decommissioned” under the deal, according to Iran’s Fars News Agency.
As part of a sanctions relief package, “tens of billions of dollars in Iranian revenue frozen in foreign banks will be unblocked” and returned to the Islamic Republic.
Secretary of State John Kerry, in remarks to reporters, declared that “this is the good deal that we have sought.”
Iran will remain at least one year away from a nuclear weapon for the next 10 years, Kerry said.
Kerry also apologized for the years of economic sanctions leveled on Iran.
“We realize how deeply the nuclear related sanctions affected the lives of Iranians,” he said. “Thanks to the agreement reached today that will begin to change. In return for the dramatic changes that Iran has accepted for its nuclear program, the international community will be lifting the nuclear-related sanctions on Iran’s economy.”
Full article: Iran, World Powers Reach Final Nuclear Deal (Washington Free Beacon)