Middle East & North Africa

Iran’s economy is having difficulties for sure but is far from “collapsing”. While the Iranian rial has lost more than 50 percent of its value against the US dollar in the unofficial market since January 2018, this is nothing new for Iran’s economy. Every president since the end of Iran-Iraq war had to deal with a sort of analogous currency crisis.

As the world’s largest nuclear facilities operators, U.S. corporations understand all aspects of nuclear programs. Employing those same corporations to partner and collaborate with Iran on nuclear projects would be a major confidence-building step that would secure trust between the two sides after the sunset provisions of the deal expire. The people of Iran and the United States have never been enemies. Now is the time to seek a legitimate business-based compromise that can allow the United States and Iran to fully execute the JCPOA in full compliance with both the substance and intent of each of the deal’s signatories while pursing the long-term goal of eliminating the growth and proliferation of nuclear weapons and nuclear terrorism. To this end, Iran and the US can in parallel collaborate on eliminating the risk of proliferation in the region and establishing a Middle East free from all weapons of mass destruction.