"...Iran has not suspended its uranium enrichment program, but it has not ignored the UN Security Council resolutions on Iran either, as can be discerned in the latest report by the International Atomic Energy Agency citing "significant progress" in Iran-IAEA cooperation. With the United States and Iran talking in Iraq and Iran-IAEA cooperation yielding concrete results in terms of Iran's nuclear transparency, the stage is potentially set for de-escalating the US-Iran tensions, particularly if both sides adopt a long-term view and sort out the security dimension."

"...the stage is set for a thaw in U.S.-Iran relations. With sufficient political will on both sides, Washington and Tehran can achieve this by adopting concrete confidence-building measures and by imposing a mutually agreed-upon moratorium on demonizing each other."

"...in light of the IPI’s potential contribution to regional development, complementing the North-South corridor under consideration by the member states of the Economic Cooperation Organization (ECO), it may be a good idea to revamp the IPI into a consortium that opens the possibility of a future role by other regional parties, both in terms of investment as well as linkage with the regional gas network."

In this insider's assessment of Iran's long-awaited response to the incentive package offered by the United States and other world powers, the authors argue that this is an opportunity for diplomacy that could actually halt Iran's nuclear enrichment and address the concerns of the West.