The major powers negotiating for a new nuclear deal with Iran need to start preparing a Plan B as the talks approach collapse, a leading commentator said.
With the meetings for resurrecting the Joint Comprehensive Plan of Action stalled it was critical for western powers, with China and Russia, to come up with a new approach involving new sanctions and intense diplomatic pressure, Kelsey Davenport said.
The urgency for a Plan B was growing with Iran’s “breakout time” for creating a nuclear weapon now reduced to potentially just a month to develop, Ms Davenport said, writing for Rusi, a London think thank.
“Given the proliferation risks posed by a collapse of the [nuclear deal], it is critical for the US and China, Russia, France, the UK and Germany to have a plan B if talks to restore the nuclear deal fail.”
It now appears the prospects for reviving the agreement are low, with Iran’s new president, Ebrahim Raisi, rejecting the progress made by his predecessor. The US has also said that the window for diplomacy to revive the deal will not remain open indefinitely.
No new deal could lead to a crisis, with fears Iran could resort to creating a nuclear weapon to increase its bargaining power. When the 2015 agreement was in place, it was thought that process would take about 12 months. It has since shrunk to between one and two months after Iran increased its stockpile of enriched uranium. Ironically, this was largely done in retaliation to former President Donald Trump brazenly pulling the US out of the deal in 2018.
Without the nuclear deal in place there is much less transparency on how far advanced Tehran's weapons programme is, leading to a potential miscalculation.
Both America and Israel have vowed to use air strikes if they believe Iran is close to creating a nuclear weapon.
“A larger-scale attack could push Tehran to consider abandoning its Nuclear Nonproliferation Treaty commitments and pursuing nuclear weapons in order to deter further attacks,” wrote Ms Davenport, director for nonproliferation policy at the Arms Control Association.
She said that the US and Europe will now have to consider the “playbook that led to negotiations" on the nuclear deal that meant greater sanctions pressure and isolation, along with diplomacy.
But this would be difficult to achieve. “This strategy will be challenging and time-consuming to reconstitute even partially. The US is rightly criticised for sanctions overreach,” she wrote. “US credibility to lift sanctions was severely diminished by the Trump administration’s decision to withdraw ... while Iran was complying the deal.”
But there were also few areas left to “ratchet up economic pressure”.
Furthermore, Mr Raisi appears disinterested in good relations with the West. China and Russia might be supportive of greater international pressure but if it is perceived that the US causes the talks to collapse then “their [China and Russia] support for a sanctions-centric strategy is less likely”, Ms Davenport concluded in her paper, titled Preparing for Plan B with Iran.
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
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The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
Killing of Qassem Suleimani
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less