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What happens next in Iran nuclear deal?

 Following is a timeline for the implementation of a historic deal signed between Iran and six major powers on July 14 to curb Iran`s nuclear programme in exchange for relief from sanctions.

What happens next in Iran nuclear deal?

Vienna: Following is a timeline for the implementation of a historic deal signed between Iran and six major powers on July 14 to curb Iran`s nuclear programme in exchange for relief from sanctions.

The negotiators gave no specific dates for the implementation timeframe, other than saying it would begin "upon conclusion of the negotiations".

After announcing the deal, Iran and the P5+1 -- France, Britain, China, Russia, Germany and the United States -- said they would submit the so-called Joint Comprehensive Plan of Action to the United Nations Security Council for adoption "without delay".

The European Union is then expected to "promptly" endorse the resulting resolution.

EU foreign ministers will sign off on the agreement at a council meeting in Brussels on July 20.

Meanwhile, US President Barack Obama is set to submit the proposal to the US Congress for review by the end of this week. He will hold a press conference on July 22 to discuss the deal.

The Republican-controlled US Congress then has 60 days, or until September, to give its verdict on the plan. This period is likely to be marked by high drama with intense lobbying on both sides. 

Lawmakers have the option of passing a resolution preventing Obama from waiving most US sanctions. 

The president can veto this - a move which in turn could be overridden if opponents can muster a two-thirds majority.

As a result, the total review period could last up to 82 days, stretching to early October.

Meanwhile, Iranian approval of the agreement should be more straightforward. 

It will first have to be endorsed by the Supreme National Security Council, which reports to supreme leader Ayatollah Ali Khamenei.

The council includes two major architects of the nuclear deal -- President Hassan Rouhani and Foreign Minister Javad Zarif.

Parliament will then vote to approve the agreement. Parliamentary speaker Ali Larijani has said lawmakers will not stand in the way of a deal that has Khamenei`s backing.

Iran`s implementation of the deal will take about four months, or until November, according to Zarif.

The UN`s atomic watchdog will issue a report on whether Iran has complied with nuclear-related measures. The report by the International Atomic Energy Agency (IAEA) is an essential verfication step for international sanctions to be lifted.

If Iran has respected its engagements, the EU, UN and US will gradually begin to lift their sanctions.

A UN arms embargo on Iran will be lifted.

If the IAEA determines that Iran`s nuclear activities have stayed peaceful, the EU will terminate any remaining sanctions, while the US will end or modify any remaining sanctions.

When the 10-year limitations of the deal expire, Iran will be able to use the more modern centrifuge technology it insisted on being able to develop under the agreement. The UN Security Council "would no longer be seized of the Iran nuclear issue", or close the file. 

From Zee News

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