The implementation of the nuclear agreement between Iran and the six world powers is making progress with the US President on Sunday ordering steps towards lifting of sanctions on Iran in accordance with the clauses of the deal. Obama’s order came ninety days after the United Nations Security Council endorsed the agreement signed in Vienna in July this year.
This is indeed a milestone in the implementation of the deal and a giant step towards normalising relations between Tehran and the West. “This is an important day for all of us and a critical first step in the process of ensuring that Iran’s nuclear programme will be exclusively for peaceful purposes,” US Secretary of State John Kerry added in a statement. The lifting of sanctions will coincide with measures to be taken by Tehran to meet its commitments under the so-called Joint Comprehensive Plan of Action, as the accord is known.
As the nuclear agreement is now a reality, it’s time for our region and all countries involved to move forward and plan their future. Iran will soon be doing business with the world once the sanctions are fully lifted. Its economy is likely to get a major boost and several industries -- including aviation and the energy sector, which have been suffering during the sanctions era having been deprived of the latest technology and tie-ups – will witness a surge in growth and Western companies which are looking for new opportunities in a saturated global market will be flocking to Tehran for a share of the business. The improvement in business and economic relations will lead to an improvement in political and diplomatic ties. Also, the unfreezing of Iran’s funds kept in western accounts, amounting to billions of dollars, will help Iran to pursue its agenda in the region and also increase its military spending.
The Gulf region has its fears about the geopolitical impact of the nuclear deal between Iran and the West, which has been expressed by various ministers and officials. An emboldened and confident Iran will try to exert its influence in the Arab world. Its role in Syria and support for Bashar Al Assad will be strengthened, which is causing concern in the region as is evident in a statement of Saudi foreign minister yesterday. Adel Al Jubeir said at joint press briefing with his German counterpart Frank-Walter Steinmeier in Riyadh that Iran must stop ‘meddling’ in the affairs of the kingdom’s neighbours. “We wish that Iran would change its policies and stop meddling in the affairs of other countries in the region, in Lebanon, Syria, Iraq and Yemen,” he said.
The implementation of the nuclear agreement between Iran and the six world powers is making progress with the US President on Sunday ordering steps towards lifting of sanctions on Iran in accordance with the clauses of the deal. Obama’s order came ninety days after the United Nations Security Council endorsed the agreement signed in Vienna in July this year.
This is indeed a milestone in the implementation of the deal and a giant step towards normalising relations between Tehran and the West. “This is an important day for all of us and a critical first step in the process of ensuring that Iran’s nuclear programme will be exclusively for peaceful purposes,” US Secretary of State John Kerry added in a statement. The lifting of sanctions will coincide with measures to be taken by Tehran to meet its commitments under the so-called Joint Comprehensive Plan of Action, as the accord is known.
As the nuclear agreement is now a reality, it’s time for our region and all countries involved to move forward and plan their future. Iran will soon be doing business with the world once the sanctions are fully lifted. Its economy is likely to get a major boost and several industries -- including aviation and the energy sector, which have been suffering during the sanctions era having been deprived of the latest technology and tie-ups – will witness a surge in growth and Western companies which are looking for new opportunities in a saturated global market will be flocking to Tehran for a share of the business. The improvement in business and economic relations will lead to an improvement in political and diplomatic ties. Also, the unfreezing of Iran’s funds kept in western accounts, amounting to billions of dollars, will help Iran to pursue its agenda in the region and also increase its military spending.
The Gulf region has its fears about the geopolitical impact of the nuclear deal between Iran and the West, which has been expressed by various ministers and officials. An emboldened and confident Iran will try to exert its influence in the Arab world. Its role in Syria and support for Bashar Al Assad will be strengthened, which is causing concern in the region as is evident in a statement of Saudi foreign minister yesterday. Adel Al Jubeir said at joint press briefing with his German counterpart Frank-Walter Steinmeier in Riyadh that Iran must stop ‘meddling’ in the affairs of the kingdom’s neighbours. “We wish that Iran would change its policies and stop meddling in the affairs of other countries in the region, in Lebanon, Syria, Iraq and Yemen,” he said.
