UN, EU endorse Iran deal; US holds the key
WASHINGTON: Last week’s Iran deal picked up critical endorsements Monday from the UN Security Council and the European Union that may likely force skeptics in the US to reconsider.
The Security Council voted unanimously to end sanctions imposed on Iran starting December 2006 to stop its nuclear weapons programme. The sanctions will go in 90 days.
The European Union endorsed the deal earlier in Brussels.
Iran agreed to long- term restrictions on its nuclear programme in return for lifting of US, UN, and EU sanctions in an agreement with P5+1 last week that has been hailed as historic.
Though India supported and recognised only the UN-mandated sanctions, it was forced to toe the line on the rest as the US threatened to block dissenters from its financial system.
For the deal to work, all sanctions must go.
The US sanctions, some of which were mandated by its congress, may prove to be most difficult to sunset given Republican opposition to the deal here.
They control both chambers of congress, which has 60 days to review the deal and approve it or vote it down..
For the world powers to begin rolling back sanctions, the International Atomic Energy Agency must inspect Iran’s nuclear facilities and certify it has taken the required steps.
Once the process starts, all seven previous resolutions of the Security Council that mandated the sanctions will be ended and measures under the Monday resolution will take effect.
Iran can buy ballistic missile technology and heavy weapon with Security Council’s approval — after the eight and five year moratorium periods, but the US has said it will veto them.
The sanctions will be back with a vote of the security council within 30 days of a complaint of breach, and authomatically after that period if the vote doesn’t take place.