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EU makes prediction on Iran nuclear deal — Analysis

Despite ongoing issues, the bloc’s foreign policy chief is hopeful the accord can be restored within days

Josep Borrell, EU’s foreign policy chief, said Wednesday that an agreement could be reached to revive Iran’s nuclear deal (officially known as the Joint Comprehensive Plan of Action, or JCPOA) within the next few days.

The diplomat, speaking to reporters following the informal EU foreign ministers summit, said that he heard concerns from both Iran and America and that there are solutions. “common ground” to reach an agreement that takes everyone’s interests into account. 

“I am hoping that in the coming days we are not going to lose this momentum. We can close the deal,”Borrell spoke.

The US expressed hope earlier this month that the EU-brokered nuke deal would be resolved after Tehran abandoned some of its demands for re-entry to the JCPOA. Washington also issued its list of compromises.

The initial deal signed in 2015 by Iran, the US, UK, France, and Germany – as well as Russia, China, and the EU – saw Tehran agree to certain restrictions on its nuclear industry in exchange for the easing of economic sanctions and other incentives.

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However, in 2018, the US unilaterally withdrew form the agreement, declaring that it was fundamentally flawed. Iran began to reduce some of the commitments it made under the agreement, including the amount of enriched-uranium produced. This could have the potential of Iran building an atomic bomb. The Iranian authorities say that the agreement is still in effect. “is not on the agenda.”

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