Nuclear Issues

"Although this phased-approach to sanctions relief under the JCPOA ensures that Iran does not receive benefits without first implementing its nuclear commitments, uncertainties remain. The agreement does not affect U.S. and EU non-nuclear sanctions, such as those that target human rights abuses, support for terrorism, and money laundering. One question is whether or not relief from nuclear-related sanctions will affect the usefulness of non-nuclear sanctions."

"For US regulators, 2014 was a banner year for collecting fines against sanctions violators, according to The Economist. In June, BNP Paribas—France’s largest bank, and one of the largest in the world—agreed to shell out $9 billion to the US Department of Justice for violating sanctions against Cuba, Iran, and Sudan. This past month, US regulators slapped Germany’s Commerzbank—the country’s second-largest bank, with a similar global presence—with a $1 billion fine, after launching an investigation into its dealings with sanctioned countries. The increases in fines have signaled an aggressive, zero-tolerance policy toward violators, as well as a willingness to use the extraterritorial provisions of sanctions, which allow regulators to punish foreign-based banks..."

"Washington has long provided a credible security guarantee along with its declaration of the nuclear umbrella in part, in return for South Korea forgoing a nuclear option. South Korea's acquisition of nuclear weapons would remove the rationale for the extension of U.S. nuclear deterrence and undermine the U.S. security commitment to Seoul."

"Although China has every intention of continuing nuclear energy development, in the aftermath of Fukushima it has approved a number of plans to enhance safety standards. All of them emphasize that the pace of growth should be controlled to minimize risk."

This seminar considered how the International Atomic Energy Agency (IAEA) has reacted to nuclear crises. The IAEA often appears not just to have weathered such crises, but to have successfully leaped through windows of opportunity presented by them. This has resulted in periodic expansions of its mandate, capabilities, and resources. The 2011 Fukushima disaster appears to be a puzzling exception, raising the question of what concatenation of factors needs to be present for the IAEA to take advantage of nuclear crises.

"The foundations of a Turkey-Japan negotiation with Iran have been laid in decades of dialogue with Tehran and long-established relations focused on energy supplies. Most important, Turkey and Japan continue to maintain strong trade relations with Tehran, which allows them to include economic incentives in a potential proposal. The P5+1 cannot offer such incentives unless they lift a number of sanctions, which seems highly unlikely at the first stage."

Kim Jong-eun's New Year's Day address signaled a willingness to ease tensions with South Korea and focus on economic development, but how credible is this message? Project on Managing the Atom Associate and MIT Stanton Nuclear Security Junior Faculty Fellow John Park analyzes the address in an HKS PolicyCast.

John S. Park, Stanton Nuclear Security Junior Faculty Fellow at the Massachusetts Institute of Technology and Project on Managing the Atom Associate, argues that cooperation between North Korea and Iran has been a critical—yet underexamined—enabler of North Korea's recent success. He concludes that the time has come for the United States to view the two previously independent missile programs as two sides of the same coin and recommends strategies for disrupting the procurement channels between Iran and North Korea.

Illicit trade from the international marketplace plays a direct role in sustaining the nuclear and missile programs of several countries, including Iran, in defiance of UN sanctions. This paper sets out what measures the private sector should take in order to manage the legal, financial and reputational risks associated with involvement in proliferation-related trade, and makes recommendations to national authorities for how for how to help the private sector identify and prevent potential proliferation.

Professor Findlay analyzed the response of the International Atomic Energy Agency (IAEA) to the March 2011 nuclear reactor disaster at Fukushima, Japan. He compared the expectations that the Agency, its member states, and other nuclear stakeholders had of the IAEA's role in such a situation with the harsh reality. Drawing on these insights, he suggested possibilities for strengthening the Agency's capacities for handling the next Fukushima.