P5+1 Nuclear Deal / Vienna Agreement

 
  • The 2015 Nuclear Deal was a preliminary framework agreement signed between Iran and P5+1 countries (United States, United Kingdom, Russia, France, China- plus Germany) and the European Union in July 2015.
  • The deal is also called as Joint Comprehensive Plan of Action (JCPA) or Vienna agreement.
  • The deal aims to stop Iran from acquiring a nuclear weapon in return for lifting international oil and financial sanctions.
  • Under it, Iran has agreed to give up its most advanced centrifuges and use only its oldest models.
  • But it still allows Iran to continue enrichment in lower quantities for civilian purposes such as power plants.
  • As part of the deal Iran has agreed to reduce its stockpile of uranium by 98%.
  • Under this deal, Iran could keep 300 kg enriched uranium for the next 15 years and it will get rid of extra uranium by shipping it to Russia.
  • The deal also sets up a comprehensive inspections regime that gives inspectors from the International Atomic Energy Agency (IAEA) extraordinary and robust access to Iranian nuclear facilities.
  • Under this deal, global economic sanctions imposed over Iran nuclear programme will be removed.
  • However sanctions related to other aspects of Iran’s behaviour, such as ballistic-missile programme, human-rights issues, support of terrorism and its will not be affected.

 

 

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