My take on the Iran Nuclear Deal

Many of you must be aware of the fact that the US withdrew from the Iran Nuclear deal last May, but are you aware of the possible grave consequences this would bring to threatening world peace?

American withdrawal from the Nuclear deal is the most pernicious foreign policy decision yet and a huge blow for trans-atlantic ties. Today, I am going to discuss whether this was for the good of the world or was this just a bad decision.

Many proponents to the argument feel that the Iran deal was a shot in the head for America and more due diligence had to be done into the scale of nuclear ability that Iran had surfaced to, before coming up with a much stricter deal. American officials demanded greater transparency of the Iranian government. They wanted to be allowed into every nuclear site. They wanted to be allowed into every military base. They wanted free access into Iranian homes. Whether their new requirements were justified or not, should America have just cancelled the deal? Could they have possibly built on to the current one? I feel so because one things for sure, the Iran Nuclear deal did make the world safer.

It was certainly not perfect, no compromise ever is, but the decade long tedious negotiations did manage to large scale down Iran Nuclear Programme for the short and medium term. Moreover, Iran had so far complied with the terms of the accord. The fact that, by the laws, Iran could not get a nuclear weapon for more than a decade, made the region, the world and the US safer. Now, on the contrary, by crippling them with sanctions, Iran would feel sort of a provocation to re-nuclearize and might threaten world peace to a larger extent. None of the EU leaders were in consensus with Trump with regards to leaving the agreement. In fact, French President Emmanuel Macron, even visited the white house in a last ditch effort to convince the president to remain in the agreement.

What I feel is that Trump’s move to pull out of the deal wasn’t more of making the world safer or to advance the country’s interest. Instead, it had much more to do with raw sentiment and domestic politics. Trump and many of his followers despise Barrack Obama and have made it sort of their goal to eradicate his legacy. We could see this from his decision to leave the Paris Climate deal, cancelling NAFTA and launching separate trade talks, but this was just ego getting involved in politics that would define the state of world peace.


 He did however mention that he is open for talks with Iran regarding a new deal. However, his requirements as well as his continuous provocation may lead to a rebound effect that we may never be able to reverse. Let’s just be honest, complete de-nuclearization is a myth and nothing else. In my opinion this was a bad move, possibly detrimental. Trump has to get the world out of this mess and he has to do it fast. The sanctions are crippling and it is taking a toll on the entire world economy. Oil prices are on the rise, emerging markets are facing major currency problems as well as are on the verge of financial crises. If his goal was to prop up US markets and the dollar well, he has succeeded as investors are finding the US as a safe haven in the murky emerging market waters. However, how long can this last? The emerging market contagion will lead into the developed markets. The saying goes, whatever goes up has to come down, and if the situation isn’t resolved we could be heading towards a crisis no one could ever imagine.

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