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IAEA Report Suggests JCPOA Remains Viable
Stephanie Liechtenstein of Foreign Policy, one of the key journalists covering the Iranian Nuclear talks (Joint Comprehensive Plan of Action), has tweeted that a restoration of the 2015 deal may still be viable despite IAEA Director-General Rafael Grossi's warning that Iranian removal of monitoring equipment may constitute a “fatal blow” to talks.
- Liechtenstein: "A confidential IAEA report on the camera removal in Iran was sent to member states last night. A source shared it w/ me today. The report seems to indicate that even after the 3-4 week period expires, other measures could be implemented that could still enable a JCPOA revival."
- Liechtenstein identifies a key sentence of the report as evidence that the accord may still be viable: "A longer interruption [longer than the 3-4 weeks] would inevitably require significantly more stringent safeguards measures in order for the Agency to be able to confirm the consistency of Iran's declarations."
- Yesterday, the US State Department issued a statement warning that the Iranian move may precipitate a nuclear crisis and would lead to heavy sanctions and penalties on Tehran is the present course is maintained.
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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.