Nuclear Deal: Iran to have access to over $100 billion when deal implemented
- Iran would get access
to more than $100 billion in frozen assets when the Iran nuclear agreement is
- It depends on if Tehran has curbed its nuclear program and
the U.N. nuclear watchdog has certified.
- U.N. Security Council sanctions could be reimposed on Iran
within 65 days in the event of Iranian noncompliance with the deal.
- The accord includes a provision under which Iran can be
required to provide the International Atomic Energy Agency (IAEA) with access
to suspected nuclear sites, including military sites.
- The eight-member commission includes Britain, China, France,
Germany, Russia, the United States, Iran and the European Union.
- As a result the United States, the three European nations
and the EU can oblige Iran to provide such access and Tehran, Beijing and
Moscow could not veto this.
- If Iran refused to comply, the major powers could then move
to "snapback" or reinstate U.N. Security Council sanctions against
Iran within 65 days.