Nuclear Issues

Last May, Chinese solar panel manufacturer LONGi signed an agreement with Saudi trading company El Seif Group to establish large-scale solar manufacturing infrastructure in Saudi Arabia. The deal came several months after the Trump administration's imposition of global tariffs on imports of Chinese solar panels and cells.

If the intended aim of the new round of U.S. sanctions were to change Iran’s behavior, it already has. Just not the behavior the Trump team had in mind—Iran abandoning its pursuit of pro-market economic reforms. President Hassan Rouhani, who was elected twice, in 2013 and 2017, on a platform of liberal economic reforms, has piece by piece put aside his reform agenda. Because of the economic havoc wreaked by the re-imposition of U.S. sanctions, he finds himself in the odd position of overseeing price controls, punishing commodity hoarders, subsidizing imports of a variety of goods, including mobile phones, and has lost the most liberal members of his economic team

After a tumultuous week of unpredictable twists and turns during President Donald Trump’s visit to Europe, anxiety levels have risen among experts and policy makers about the coming summit between Trump and President Vladimir Putin. As President Trump himself has noted, there is no shortage of issues demanding the attention of the two leaders: Syria, Iran, arms control and — who knows — maybe even Russia’s interference in America’s elections. But energy could snake its way onto the agenda, and Trump needs to be careful not to give Putin concessions in exchange for something the Russian president already plans on doing.

Oil markets have so far reacted to President Donald Trump’s decision to withdraw from the 2015 Iran nuclear deal without either enthusiasm or panic — without even much apparent interest. There are many good reasons for this, but also many reasons to think oil markets’ complacency could change. Fortunately, the Obama-era sanctions that Trump has moved to reimpose have some lesser-known safety valves should oil markets later overheat as a result of the Iran decision.

President Donald Trump’s advisers are at pains to emphasize that Friday’s speech on Iran policy was an effort to lay out a comprehensive strategy to tackle the malign behavior of the Tehran regime, not just an announcement that the president had refused to certify Iran’s compliance with the 2015 nuclear deal. Their frustration that the headlines missed the forest for the trees is understandable -- given the need for an Iran policy, not simply an Iran nuclear strategy, which was essentially the approach of the Barack Obama administration.

But Trump’s advisers only have the president -- and not the media -- to blame. The Iran nuclear deal has long been the focal point of the president’s rhetoric and was the centerpiece of the speech. And the decertification of the deal was one of the few tangible actions outlined by the president.

President Donald J. Trump’s tweet this weekend that the U.S. might terminate all trade with countries doing business with North Korea was widely derided on the grounds of realism. Given that 90 percent of North Korea’s trade is with China, the tweet was little more than a veiled threat to terminate all U.S. trade with Beijing, ending a bilateral trade relationship valued at $650 billion a year. It would, as many correctly pointed out, mean economic disaster for North Korea -- and also for the U.S.

Payam Mohseni, Director of the Iran Project at the Belfer Center for Science and International Affairs, Dennis Ross, International Council Member, Belfer Center, and David Sanger, Senior Fellow at the Belfer Center, discuss for The New York Times the stakes in the current Iran nuclear negotiations, including the risks of lifting sanctions on Iran, the difficulties in reaching an agreement, and the importance of the current political moment for both Iran and the U.S. in reaching a deal.

In the wake of yet another extension in the nuclear negotiations between Iran and the P5+1, the next step for the United States to move toward a final comprehensive agreement with Iran is to engage with those Iranians it likes the least—the hardliners. Crafting a sophisticated agreement capable of persuading Iranian hardliners and the Revolutionary Guards to accept a final deal is essential to moving the negotiations forward. Iranian President Hassan Rouhani and his moderate team of negotiators are constrained by the hardliners who, in turn, have nothing to lose if negotiations fail. While the lifting of international sanctions is commonly considered to be the main economic incentive for Iran to agree to a deal, we should be aware that many U.S. sanctions will remain against key hardline actors in the Iranian regime for non-nuclear related reasons. In other words, those hardline elements most opposed to the current talks—the spoilers—are also the ones that have the least to gain from their success.

It is no accident that hardly anyone involved in the Iranian nuclear negotiations has expressed optimism about meeting the November 24 deadline for a comprehensive agreement. The Iranian and U.S. governments are continuing to meet regularly -- most recently last week in Vienna -- but there are few signs of meaningful progress. Indeed, the essence of the deal that has always made most sense -- a rollback of the Iranian nuclear program in return for a rollback of sanctions -- seems increasingly beyond reach. Instead, the Iranians have been insisting on a rollback of the sanctions in return only for limited transparency on their industrial-size nuclear program. But Washington has insisted for a long time that, given Iran’s past violations of the Nuclear Nonproliferation Treaty (NPT), limited transparency won’t be enough. Further, it has already stated that it will not accept an industrial-scale program, although it is prepared to agree to a limited-enrichment capability.

It appears increasingly likely there will not be a comprehensive agreement on Iran's nuclear program by the late-November deadline, says nuclear expert Gary Samore. Washington and Tehran, he says, remain too far apart on how large Iran's enrichment program should be, but they are interested in working out an extension of talks.