EU Puts Forward New Draft Text To Revive Iran Nuclear Deal

The European Union (EU) put forward a new draft text on Tuesday to revive the 2015 Iran nuclear deal. The EU’s foreign policy chief said that there is no room left for further major compromises.

While referring to the deal, EU’s Josep Borrell wrote in an essay in the Financial Times, “I have now put on the table a text that addresses, in precise detail, the sanctions lifting as well as the nuclear steps needed to restore the JCPOA.” In 2015, Iran, China, France, Germany, Russia, the United Kingdom, and the United States signed the nuclear deal, which was also known as the Joint Comprehensive Plan of Action or JCPOA.

Borrell further said, “I have concluded that the space for additional significant compromises has been exhausted.” In the last few months, the EU made significant efforts to revive the Iran nuclear deal. The JCPOA participants and the US held 15 months of intense and constructive negotiations in Vienna, the Capital of Austria, about the Iran nuclear deal.

Ali Bagheri Kani, Iran’s lead nuclear negotiator, also confirmed that Borrell had put forward a new proposal for the revival of the Iran nuclear deal. He wrote on Twitter, “We, too, have our own ideas, both in substance and form, to conclude the negotiations which would be shared.”

US State Department spokesman Ned Price also said that the US was reviewing the “draft understanding” that Borrell shared with Iran. The US would respond directly to the EU.

According to Arab News, Borrell did not provide details about his proposal. However, he said, “It is now time for swift political decisions to conclude the Vienna negotiations.”

Under the 2015 deal or JCPOA, Iran was asked to limit its nuclear activity to civilian purposes, and in return, western countries said to drop their economic sanctions against Iran.

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