BAKU, Azerbaijan, June 20. It is difficult to find a constructive and sustainable solution until a number of domestic and regional processes related to Iran's nuclear program continue, Iranian analyst on economic issues, Mehrdad Emadi told Trend.
According to Emadi, some parties in Iran and its regional partners use Iran's nuclear program as a winning game (gamble). As long as this game continues, it will be difficult to find a solution to Iran’s nuclear program.
“As a result, Iran's nuclear program has been one of the most controversial issues in the world for the past 25 years. At the same time, Iran's nuclear program caused in the creation and development of broker billionaires in the country,” he added.
The analyst also pointed out that the most obvious achievement of Iran's nuclear program is that it has created the largest financial and commercial monopoly in the Middle East.
Emadi emphasized that cooperation to advance Iran's nuclear program and slogans such as ‘nuclear energy is our natural right' have turned Iran's economy from production into brokerage. This, in turn, prevented Iran's economic development, labor force maturity and income growth.
“In return, it led the country to the reduction of the weekly consumption basket of families, the semi-secret emptying of citizens' deposits in banks, the migration of human resources from the country, and the unprecedented withdrawal of capital from the country,” the analyst noted.
In January 2016, JCPOA was launched between Iran and the P5+1 group (US, Russia, China, UK, France, and Germany) in connection with Iran's nuclear program. In May 2018, the US announced its withdrawal from the deal and imposed sanctions on Iran in November of the same year. To preserve the agreements reached as part of the JCPOA, the European signatories of the deal started in January 2019 that a financial mechanism for maintaining trade with Iran called INSTEX was formed.
On May 8, 2019, Iran announced that it had ceased fulfilling its commitments regarding the sale of over 300 kilograms of uranium, as stated in the deal, basing its decision on the other signatories that have not fulfilled their obligations. On July 7, Iran announced that it will not be fulfilling its commitments regarding the enrichment of uranium at 3.67 percent and the reconstruction of the Arak Heavy Water Reactor Facility as stated in the deal.
Iran announced that it will enrich uranium using next-generation centrifuges and will not mix it with the enriched uranium residues as part of the third step of reducing commitments in JCPOA on Sept.5. On Nov. 5, 2019, Iran announced that it took the fourth step in connection with reducing its commitments to the nuclear agreement. So, uranium gas is being pumped to the centrifuges at the Fordow Fuel Enrichment Plant.
On Jan.2020, Iran took the last fifth step in reducing the number of its commitments within JCPOA.
On May 8, 2018, the US announced its withdrawal from the Joint Comprehensive Plan of Action (JCPOA) between Iran and the 5+1 group (Russia, China, the UK, France, the US, and Germany), and imposed new sanctions against Iran as of November 2018.
Over the past period, the sanctions affected Iranian oil exports, more than 700 banks, companies, and individuals. The sanctions have resulted in the freezing of Iranian assets abroad.
On May 30, 2023, informed sources in Iran announced that Iran and IAEA have agreed on two issues. The issue raised by the IAEA regarding the Abadeh nuclear facility in Fars province in the south of Iran, as well as the issue about the discovery of 83.7 percent enriched uranium remains in Iran, have already been resolved.
Although Iran claims that its nuclear program is for peaceful purposes, it is requested to provide facts and guarantees to prove it at the world level.
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