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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Grossi Hints At Interim "JCPOA-Lite" To Prevent Iran Acquiring Bomb
IAEA Chief Raphael Grossi has hinted at pursuing an interim arrangement to prevent Iran acquiring a nuclear weapon as Joint Comprehensive Plan of Action nuclear talks continue to lie dormant.
- Grossi said yesterday that Iran is amassing enough “nuclear material for several nuclear weapons.”
- Grossi: “...we need to make sure... this [nuclear] programme does not cross a line... and that might be through something like the JCPOA or something else. On this I’m neutral.”
- On Jan 24, Grossi briefed the European parliament on Iran's significant increase in nuclear material.
- Responsible Statecraft: "While the breakout time under the JCPOA was one year, Iran can now accumulate the fissile material for a nuclear weapon in under one week... the nightmare scenario that the JCPOA was constructed to avoid."
- The problem is compounded by a lack of IAEA inspection at key sites since February 2021, leaving the IAEA with an additional information gap in Iran's capabilities.
- According to RS, an interim arrangement could include, caps on enrichment purity, caps on centrifuges, and re-admission of IAEA inspectors.
- In return, Iran may be provided oil waivers of Iranian crude, and access to frozen assets in South Korea and Japan.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.