Iran deal draft reportedly includes 4 phases, would take full effect after 165 days

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Title : Iran deal draft reportedly includes 4 phases, would take full effect after 165 days
Link : Iran deal draft reportedly includes 4 phases, would take full effect after 165 days

A draft proposal from the final stages of negotiations to revive the 2015 Iran nuclear deal envisions the Iranians halting all uranium enrichment, but holding on to the material they already have, and a final US return to the pact less than six months after it is signed, Haaretz reported on Sunday.

The newspaper published what it said was a draft of the proposal submitted by the European Union to the Iranians last month as a final offer. Iran responded with its own comments and the US later provided its own input after reviewing the Iranian response. The EU has coordinated talks in Vienna on reviving the nuclear deal, known formally as the Joint Comprehensive Plan of Action, which has unraveled since the US pulled out in 2018.

According to the unsourced report, the EU draft proposed last month included four incremental steps in the halting of Iran’s nuclear activity and in the lifting of Western sanctions on the Islamic Republic, with the fourth and final step taking effect 165 days after the deal is signed.

The purpose of the gradual steps is to consolidate trust between the parties, according to the report.

Before any deal is signed, the sides will reportedly finalize a deal that will see Western prisoners freed by Tehran in exchange for Iranian assets being unfrozen by Western nations and initial sanctions relief. READ MORE