Edited time: April 03, 2015 14:46 RT.comVienna. (Reuters/Heinz-Peter Bader)
After
18 months of negotiating, Iran has come to a preliminary agreement with China,
Russia, France, UK, US and Germany (P5+1) on Tehran’s
nuclear program. But what is Iran giving up to seal the deal and how can it
benefit in the long run?
Uranium enrichment – Iran has agreed to
only enrich uranium to 3.67%.
What
is it? The
process of turning uranium found in the ground into nuclear fuel that can be
used to create nuclear energy, or potentially a nuclear bomb.
Why
is it important? To
build a nuclear bomb, uranium needs to be enriched to about 90 percent. The
3.67 percent agreed by Tehran means it would be practically impossible for Iran
to build a nuclear weapon, but would allow it to use nuclear material for
peaceful purposes.
The
outcome: Iran
gets to keep its nuclear program, albeit a limited one, while the likes of the
US now know it will be much harder for Tehran to build a bomb.
Centrifuges – Iran cuts centrifuges from 19,000 to 6,104, with 5,060 for
enrichment
What
are they? Centrifuges
are vital to extract nuclear fuel from uranium in its mineral form. They work
by spinning around at high speeds, which separate the different particles,
eventually just leaving enriched uranium
Why
are they important? The
6,000 or so centrifuges Iran has been allowed to keep are first generation and
not the technically-advanced modern versions. This is like comparing a regular
family car with a Formula 1 car, with Iran getting the former. If Tehran wanted
to build a bomb now, it would take a very long time.
The
outcome: Israel and
US Republicans wanted Iran to give up all its centrifuges, while Barack Obama
was originally prepared to let it keep 6,500.
Uranium stockpiles – Iran to cut the
amount it keeps from 10,000kg to just 300kg
What
are they? Uranium
is the key ingredient necessary in order to operate a nuclear program. Once it
has been enriched, it can be used to generate power or create a nuclear weapon.
Why
are they important? By
giving up 97 percent of its uranium stockpiles, Tehran has effectively given up
any possibility to create a nuclear bomb.
The
outcome: By
reducing its stockpiles, Iran has increased transparency with the International
Atomic Energy Agency (IAEA), while also making a commitment to use its nuclear
program for peaceful purposes.
Inspections – IAEA will have access to all Iran’s nuclear facilities
What
is it? The
IAEA is an organization that promotes the peaceful use of nuclear power and is
against the building of nuclear weapons that are used for military purposes.
Why
is it important? This
will allow the international community to see if Iran is keeping its end of the
bargain. The IAEA will be able to monitor everything concerning Tehran’s
nuclear program – from the reactors to the materials, such
as uranium and centrifuges.
The
outcome: With
such transparency in place, it would be almost impossible for Iran to develop a
nuclear weapon without getting caught.
Sanctions – Iran will see crippling sanctions lifted, if it keeps its
end of bargain
What
are they? The
latest sanctions were introduced against Iran in 2006 after Tehran refused to
halt its uranium enrichment program.
Why
are they important? Sanctions
introduced against Iran have had a devastating effect on its economy. Areas
such as oil and gas have been affected, while Tehran’s
finance sector was also hit. This made it difficult for to trade on the world
market, while areas such as Iran’s aviation
industry suffered, as they were unable to get spare parts from the US and the
West.
The
outcome: The
sanctions will only be fully lifted once Iran has proven it has stopped its
nuclear enrichment program. Once they are lifted, it will be a massive boost to
Tehran’s economy as it will increase trade and
see new investment into the country.
Fallout from Iran nuclear deal
If
Iran keeps its end of the deal, the West will know Iran’s
nuclear program is peaceful. For Tehran, it will be able to produce nuclear
energy, while also be showing to the Iranian public that it has not caved in to
the demands of the US and its allies.
The
nuclear deal reached between Iran and the P5+1 group (China, France, Russia, UK
and US) and Germany is a victory in diplomacy. However, it has the potential to
destabilize the region, with Saudi Arabia and Israel both wary of any thawing
of relations between Iran and the West. Riyadh has already stated it wants its
own nuclear program, while Israel’s relations with Washington have hit their
lowest point for years.
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