Friday July 3, 2015
Forget the mad spinning. Here it is, in a nutshell, what it really takes for Iran and the P5+1 to clinch a game-changing nuclear deal before the new July 7 deadline.
Iran and the P5+1 agreed in Lausanne on a “comprehensive plan of action,” taking into account delicate constitutional considerations in both the US and Iran. A crucial part of the plan is the mechanism to get rid of sanctions. Lausanne – and now Vienna – is not a treaty; it’s an action plan. There will be a declaration when a deal is reached. But there won’t be a signing ceremony.
The next important step is what happens at the UN Security Council (UNSC). All the concerned parties at the UNSC will endorse a declaration, and a resolution - which is still being negotiated – will render null and void all previous sanctions resolutions.