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The EU presents a new project to reactivate the nuclear agreement with Iran

The EU presents a new project to reactivate the nuclear agreement with Iran

The European Union’s foreign policy chief said he has proposed a new draft to revive the 2015 Iran nuclear deal. “I have put on the table a text that addresses the lifting of sanctions as well as the nuclear steps needed to restore the JCPOA,” wrote Josep Borrell in an essay in the Financial Times.

“After 15 months of intense and constructive negotiations in Vienna and countless interactions with JCPOA participants and the US, I have come to the conclusion that the space for additional meaningful commitments has been exhausted,” said Borrell.

Ali Bagheri Kani, Iran’s top nuclear negotiator, confirmed that Borrell had tabled a new proposal, writing on Twitter: “We also have our own ideas, both in substance and form, to conclude negotiations that would be shared.”

US State Department spokesman Ned Price told reporters that Washington was reviewing the draft Borrell shared with Iran and other parties to the deal and would report directly to the EU.

Borrell did not provide details on his proposal, but suggested time was running out to restore the deal under which Iran limited its nuclear program in exchange for economic sanctions relief.

“Now is the time to make quick decisions to conclude the Vienna negotiations on the basis of my proposed text and immediately return to a fully implemented JCPOA,” Borrell wrote. “If the deal is rejected, we risk a dangerous nuclear crisis, facing the prospect of further isolation for Iran.”

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