Joint Comprehensive Plan of Action (JCPOA)
√Iran has informed the International Atomic Energy Agency that it intends to produce uranium enriched to up to 20 percent purity, well beyond the threshold set by the 2015 Vienna accord (also known as JCPOA).
√Commonly as the Iran nuclear deal or Iran deal, is an agreement on the Iranian nuclear program reached in Vienna on July 14, 2015, between Iran and the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany) together with the European Union.
√Under JCPOA, Iran agreed to eliminate its stockpile of medium-enriched uranium, cut its stockpile of low-enriched uranium by 98%, and reduce by about two-thirds the number of its gas centrifuges for 13 years.
√For the next 15 years Iran will only enrich uranium up to 3.67%. Iran also agreed not to build any new heavy-water facilities for the same period of time.
√Uranium-enrichment activities will be limited to a single facility using first-generation centrifuges for 10 years.
√To monitor and verify Iran’s compliance with the agreement, the International Atomic Energy Agency (IAEA) will have regular access to all Iranian nuclear facilities.
√The agreement provides that in return for verifiably abiding by its commitments, Iran will receive relief from U.S., European Union, and UNSC nuclear-related sanctions.
?focus area for prelims 2021 : Member countries and aim of JCPOA
Focus area for mains: impact of JCPOA on Iran and other countries