Tuesday, July 28, 2015

Iran Nuclear Agreement: Only A 35 Day Notice For Any Party To Get Out Of The Deal

Negotiators of Iran and six world powers face each other at a table in the historic basement of Palais Coburg hotel in Vienna April 24, 2015. Reuters/Heinz-Peter Bader

The Hill: Iran agreement: Why you should read Paragraph 36

Last Tuesday, a 159-page PDF of the Iran nuclear agreement dropped into my inbox. Scrolling down to page 19, I checked out Paragraph 36. I suggest you do the same. Plenty of provisions in the Vienna agreement will get attention in the coming weeks, but Paragraph 36 may be the most important of all.

Paragraph 36 tells us when and how the agreement might end. Both friend and foe have touted this deal as “historic” and promised (or moaned) that its provisions will stay in place for the long term. But in practice, this is not a ten-year agreement or a fifteen-year agreement or an eternal agreement. Paragraph 36 tells us the truth: Any party—be it Iran or a future U.S. president—can essentially ditch the Iran nuclear deal with 35 days' notice.

WNU Editor: A 35 day opt-up option .... as I have said a few times already .... in the days and weeks to come we are going to learn more about this deal .... and we are going to be scratching our heads on how this deal was done.

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