Biden’s New Iran Nuclear Deal Could Come This Week

The Biden administration may be preparing to announce a new Iran nuclear deal as early as this week, according to reports.

A new agreement with the world’s leading state sponsor of terrorism is being brokered in part by the European Union. On Monday, E.U. foreign policy chief Josep Borrell told reporters that he hopes the U.S. will respond to a proposal presented earlier this month.

The original agreement reached in 2015 during the Obama administration was known as the Joint Comprehensive Plan of Action (JCPOA). In that agreement, the Iranian regime agreed to modify its program of uranium enrichment. In exchange for making some concessions regarding its uranium program, Iran was provided relief from numerous international sanctions.

The U.S., E.U., and other Western nations had expressed concern for many years that the program was designed to provide Iran with a path to developing nuclear weapons.

Iran has consistently denied that it has ever had any ambitions toward building nuclear weapons. It has claimed that it only wants to develop nuclear power for peaceful purposes.

President Donald Trump abandoned the Obama-era JCPOA in May 2018, describing the deal as “defective at its core.” President Trump also reinstated American sanctions against the Iranian regime for the purpose of forcing it to renegotiate a new agreement that would actually restrict its military expansionism.

Borrell said this week that Iran has already made a “reasonable response” to the E.U. proposal for a new JCPOA. He said that he does not believe that any party can “improve it on one side or the other.”

He added that he is still waiting for a formal response from the U.S., but hopes for a positive response that “will put an end to the negotiations.”

The Iranian stockpile of uranium is reportedly now at 60% enrichment, the most refined it has ever been. That level far exceeds the 3.67% enrichment cap set in the original JCPOA. Experts say that 90% enrichment is necessary to build a working nuclear bomb.

The proposal made by the E.U. to the Iranians and the U.S. has not been made public, and there are no indications that it will be published before the Biden administration takes steps to bind America to a new deal.