Iran Nuclear Program: the Costs of Nuclear Development

IranWorld leaders are beginning negotiations about an Iranian nuclear program, after international sanctions have raised the costs of nuclear development for Iran. President Barack Obama’s State of the Union Address addressed this international affair, as Congress still argues about the issue. Many supporters of sanctions believe that providing more sanctions will strengthen the U.S. position in negotiations with Iran. Iran is famously known for working around these sanctions, and still finding clandestine ways to continue their nuclear program.

The sanctions were developed to slow Iran’s nuclear program by stopping Iran from producing military grade uranium. This is largely due to the interim nuclear agreement signed last November in Geneva by world leaders and Iran’s Foreign Minister Mohammad Javad Zarif. Iran, since the sanctions were implemented, has halted 20 percent uranium enrichment and began neutralizing its surplus of 20 percent enriched uranium on January 20th, to fulfill its commitments under the agreement. The U.S. and the European Union have responded in an act of good faith, by lifting some of their previous sanctions.

Iran, under the sanctions agreement, agreed to stall their 20 percent enrichment program, which produces uranium only strides away from military grade. Iran will be converting nearly half of its stockpile of 20 percent enriched uranium to oxide, diluting the remaining one half to five percent. The U.S. and the European Union have also agreed to release $4.2 billion of Iranian assets in oil revenues blocked overseas, in eight installments over a of six month period. The installations will begin February 1, 2014. The U.S. has previously been blocking Iran from receiving precious metals like gold and certain automotive and aeronautical materials. It plans on lifting these sanctions in respect to the agreement signed in November.

Iran and world leaders from six nation states will begin comprehensive negotiation talks to formulate a deal over the costs of developing a nuclear program next month in New York. In terms of opening a dialogue with Iran and the international community, these negotiations are unprecedented. The talks will include discussions of Israel and the Syrian conflict, as part of an attempt to reach peace in the Middle East. To have peace in the Middle East, most factions agree that Iran and the United Nations will have to play major roles. The U.S., Britain, Russia, Germany, France and China, are all a part of the world leaders meeting with Iran in New York next month.

Iran has said that in exchange for its escape from a crippled economy, it will allow western countries to seize economic opportunities in Iran. The exchange will finally relieve some tensions between the Middle East and western civilization. Iran has essentially been the new Russia for some time now, in so far as Iran encompasses the anxieties of atomic annihilation for Americans. If the U.N. and the U.S. can create some mutual investments with Iran, and vice versa, mutual benefit will mean peace talks in the Middle East.

Iran and these world leaders, will begin negotiations over the costs of developing a nuclear program next month in New York that will start a new trend in western society’s influence and involvement in the Middle East. It will be particularly essential to the U.S., as Presidential elections are coming up in 2016.

Editorial By Zane Foley

Washington Post
MSNBC
Reuters

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