Iranian representative to the talks in Vienna today signed off on a draft agreement with major powers on its nuclear program. Iran would ship most of its current stockpile of low-grade uranium to Russia and France for conversion into a higher grade product for use in its research reactor. The move strips Tehran of most of the material it would need if it was to make a nuclear weapon. US and Russia also guarantee sales of enriched uranium to Iran for its nuclear power plants. The draft agreement is to be ratified by the nations’ capital by Friday.
The agreement represents a major victory for Obama administration’s Iran policy. The credible threat of crippling economic sanctions against Iran, including an embargo on the sale of gasoline to the country, combined with direct talks with the Iranian government on improving bilateral relations and the resumption of diplomatic ties, indeed pursued Tehran to sign an agreement that many would have thought impossible.