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US Removing IRGC From FTO Not Enough To Revive Nuclear Deal-Advisor

IRAN

Iran International reporting that according to an advisor to the Iranian negotiating team, should the US remove the Islamic Revolutionary Guards Corps (IRGC) from the Foreign Terrorist Organisations (FTO) list, it would still not be enough to draw Tehran back into the Joint Comprehensive Plan of Action (JCPoA, the Iran nuclear deal).

  • Iran Int'l quotes Mohammad Marandi, a media advisor to the negotiating team, stating that, "Even if America at this moment completely removes the Guards [IRGC] from the terrorism list, the current situation will not change and we would not be able to speak of an agreement....”
  • Iran seeking cast-iron guarantees that the US will not withdraw from the deal in the future. However, Biden administration has stated it cannot give such a guarantee as a future administration may have a different policy stance. Marandi stated that “If there is no guarantee for foreign investments, no company will dare to enter the Iranian market to invest and this would clearly impact our economic interests.”
  • The prospect of a deal being reached any time soon remains slim. Even if a deal is reached, the hope of some in the West that Iranian oil and gas could relieve pressures caused by the war in Ukraine is unlikely to be realised. Iran struggles with its own gas shortages, and Oil Minister Javad Owji has stated that around USD160bn would be needed to revitalise Iranian hydrocarbon production.
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Iran International reporting that according to an advisor to the Iranian negotiating team, should the US remove the Islamic Revolutionary Guards Corps (IRGC) from the Foreign Terrorist Organisations (FTO) list, it would still not be enough to draw Tehran back into the Joint Comprehensive Plan of Action (JCPoA, the Iran nuclear deal).

  • Iran Int'l quotes Mohammad Marandi, a media advisor to the negotiating team, stating that, "Even if America at this moment completely removes the Guards [IRGC] from the terrorism list, the current situation will not change and we would not be able to speak of an agreement....”
  • Iran seeking cast-iron guarantees that the US will not withdraw from the deal in the future. However, Biden administration has stated it cannot give such a guarantee as a future administration may have a different policy stance. Marandi stated that “If there is no guarantee for foreign investments, no company will dare to enter the Iranian market to invest and this would clearly impact our economic interests.”
  • The prospect of a deal being reached any time soon remains slim. Even if a deal is reached, the hope of some in the West that Iranian oil and gas could relieve pressures caused by the war in Ukraine is unlikely to be realised. Iran struggles with its own gas shortages, and Oil Minister Javad Owji has stated that around USD160bn would be needed to revitalise Iranian hydrocarbon production.