Iranian Deal’s Joint Statement

Local Editor
Iran and the P5+1 group of world powers have adopted a joint statement after marathon talks in the Swiss city of Lausanne calling, among other things, for the removal of UNSC resolutions and sanctions against the Islamic Republic.

The statement was read out in a joint press conference in the Swiss city by the EU high representative, Federica Mogherini, and Iran's Foreign Minister Mohammad Javad Zarif on Thursday.
In the framework of the agreement, none of Iran's nuclear facilities as well as the previous activities will be stopped, shut down or suspended and Iran's nuclear activities in all its nuclear facilities including Natanz, Fordow, Isfahan and Arak will continue.
These comprehensive solutions will guarantee the continued enrichment program inside the Iranian territory and according to this, Iran will be allowed to go on with industrial production of nuclear fuel which is meant for running its nuclear power plants.
According to the solutions, the Joint Comprehensive Plan of Action [JCPOA] for enrichment program will cover a 10-year period, during which more than 5,000 centrifuge machines will continue producing enriched material at Natanz facility up to the 3.67-percent level. Extra machines and the related infrastructure in the facility will be collected by the International Atomic Energy Agency [IAEA] in order to be replaced by new machines consistent with the allowed standards. Accordingly, Iran will be allowed to allocate the current stockpile of enriched materials for the purpose of producing nuclear fuel or swapping it with uranium in the international markets.
Iran will continue research and development program on advanced centrifuge machines and will be also able to keep initiating and completing its R & D program on IR-4, IR-5, IR-6 and IR-8 machines in the 10-year period of the agreement.
According to the joint statement, Fordow nuclear facility will be turned into a research center for nuclear science and physics. More than 1,000 centrifuges will be maintained at this facility and two centrifuge cascades will keep operating. In cooperation with the P5+1 countries, about half of the Fordow facility will be dedicated to advanced nuclear research and production of stable isotopes which have important applications in industry, agriculture and medicine.
According to the statement, the heavy water reactor in the Iranian city of Arak will remain in place but will be redesigned and updated. The redesigning process will greatly increase efficiency of the reactor while reducing the amount of plutonium produced in the facility. The redesigning process will be done according to defined scheduled as an international project with cooperation of Iran. Production of fuel for Arak reactor and awarding international nuclear fuel production certificate will be among international cooperation to be offered to Iran.
Iran will implement the Additional Protocol temporarily and voluntarily in line with its confidence-building measures and after that the protocol will be ratified in a time frame by the Iranian government and parliament (Majlis).
Following the implementation of the JCPOA, all the UN Security Council sanctions as well as all economic and financial embargoes by the US and the European Union, including bans on banks, insurance, investment, and all other related services in different fields, including petrochemical, oil, gas and automobile industries will be lifted. Besides, all nuclear-related sanctions against real and legal entities, state and private organizations and institutions, including those sanctions imposed against the Central Bank of Iran, other financial and banking institutions, SWIFT system, and the country's shipping and aviation sectors, and Iran's tanker company will be immediately lifted all at once. Moreover, the P5+1 countries are committed to avoid imposing any new nuclear-related sanctions against Iran.
Source: News Agencies, Edited by website team