As some of you have noted, news breaking tonight that a deal with Iran has been reached that will lift economic sanctions on Iran:
Iran and six major powers agreed early Sunday on an historic deal that freezes key parts of Iran’s nuclear program in exchange for temporary relief on some economic sanctions, diplomats confirmed.
The deal was reached after four days of marathon bargaining and an 11th-hour intervention by U.S. Secretary of State John F. Kerry and other foreign ministers from Europe, Russia and China. the sources said.
The deal, intended as first step toward a more comprehensive nuclear pact to be completed in six months, freezes or reverses progress at all of Iran’s major nuclear facilities, according to Western officials familiar with the details. It halts the installation of new centrifuges and caps the amount and type of enriched uranium that Iran is allowed to produce.
Iran also agreed to halt work on key components of a heavy-water reactor that could some day provide Iran with a source of plutonium. In addition, Iran accepted a dramatic increase in oversight, including daily monitoring by international nuclear inspectors, the officials said.
The concessions not only halt Iran’s nuclear advances but also make it virtually impossible for Tehran to build a nuclear weapon without be detected, the officials said. In return, Iran will receive modest sanctions relief and access to some of its frozen accounts overseas, concessions said to value less than $7 billion over the six-month term of the deal. The sanctions would be reinstated if Iran violates the agreement’s terms.
Israel and its supporters are going ballistic. But there’s not anything Israel can do about this. This also pisses off the Saudis and the Gulf Arabs. As I have written before, the Sunnis are alarmed that the Shia state of Iran is becoming more dominant in the region.
This is not likely to help Obama domestically, but, in my opinion, this is a positive. When it comes to terrorism, I worry more about Sunni radicals than the Shia.
What do you think?