Key parameters agreed with Iran in Lausanne

“We have taken a decisive step, (…) we have reached solutions on key parameters for a comprehensive future nuclear deal,” European Union foreign policy chief Federica Mogherini said in a joint statement with her Iranian counterpart Foreign Minister Mohammad Javad Zarif in Lausanne, Switzerland on April 2, 2015. After eight days of intensive talks and an uncertain outcome, Iran and six world powers – the five UNSC member countries plus Germany – reached a preliminary agreement that starts three new months of talks on a “future comprehensive settlement” that will focus on “the many technical details, other issues that need to be worked out,” US Secretary of State John Kerry said. US President Barack Obama, whose diplomatic team has been the most involved, welcomed the news as an “historic understanding with Iran (…) a good deal, a deal that meets (the) core objective” of preventing Iran from building a nuclear weapon.

In exchange for transparency for its nuclear installations, Iran will benefit from the gradual lifting of international sanctions. “Iran will receive sanctions relief, if it verifiably abides by its commitments,” the official statement underlined. Hailed as a success in Washington DC, the agreement rather left an impression of déjà-vu since it mainly consisted of “a solid foundation for the good deal we are seeking,” Kerry told reporters; the same “plan for extending nuclear talks,” the Iranian government rejected days ago. Labelled a “grave danger” by the Israeli Prime Minister Benyamin Netanyahu, there won’t certainly be any smooth path “drafting the text and annexes” towards a final, milestone accord. As a result, there shouldn’t be immediate positive economic consequences for Iran in the next three months, sanctions being far more difficult and longer to ease than to build, and therefore not more Iranian barrels available on the oil market.