The recent protests in Iran are surely a wakeup call for President Rouhani. To respond the legitimate grievances of low-income Iranian households, the Rouhani government should do its best to further diversify the Iranian economy and to bolster its manufacturing and industrial sectors. The Rouhani government should also promote the export of non-oil products, following the models of countries such as South Korea, Taiwan, and recently, the Chinese leviathan. Labor-intensive industries as well as service sectors like information technology, ought to be solidified. Rouhani should call upon state-directed industrial committees and agencies to provide Iranian entrepreneurs and manufacturers with fiscal resources, and he should foster financial support and protection for firms that place emphasis on exporting goods abroad.

To assist Members of Congress and observers in analyzing these issues and judging a potential comprehensive agreement, the Belfer Center prepared this brief to outline the key facets of sanctions against Iran. Written as an addendum to our April policy brief, ‘Decoding the Iran Nuclear Deal,’ this report is driven by the policy debate’s leading questions.

On April 2, 2015, the E.U. (speaking on behalf of the P5+1 countries) and Iran announced agreement on “key parameters” for a comprehensive agreement on Iran’s nuclear program. The E.U.-Iran Joint Statement is buttressed by unilateral facts sheets issued by the U.S. and Iran, which provide further details of the framework accord. Negotiators now turn to translating this framework accord into a final comprehensive agreement by June 30, 2015. Members of Congress and their staffs, as well as informed citizens, are now focusing on the Iranian challenge and assessing the framework accord. The Belfer Center for Science and International Affairs at the Harvard Kennedy School has prepared this Policy Brief summarizing key facts, core concepts, and major arguments for and against the current deal aimed at stopping Iran from developing nuclear weapons. The purpose of this Policy Brief is not to advocate support for or opposition to the tentative deal that has been negotiated, but rather to provide an objective, nonpartisan summary to inform Members and others in coming to their own conclusions. The team of experts who prepared this report includes Democrats, Republicans, Independents, and internationals, who have many disagreements among themselves but who agree that this Brief presents the essentials objectively.