15 January, 2020
2 Min Read
Syllabus subtopic: Effect of policies and politics of developed and developing countries on India's interests, Indian diaspora.
Prelims and Mains focus: about the move by European countries to restrict Iran and its likely implications; about JCPOA
News: Britain, France and Germany ratcheted up pressure on Iran on Tuesday to cease its violations of a landmark nuclear deal, stressing that they want to resolve differences through talks while starting the clock on a process that could result in a socalled “snapback” of United Nations sanctions.
The 2015 nuclear deal, known as the Joint Comprehensive Plan of Action, or JCPOA, seeks to prevent Iran from producing a nuclear weapon — something Iran insists it does not want to do — by putting curbs on its atomic programme in exchange for economic incentives.
About the move and its significance
Under its dispute resolution mechanism, countries have 30 days to resolve their problem, though that can be extended. If it cannot be solved, the matter could be brought before the UN Security Council and could then result in the snapback of sanctions that had been lifted under the deal
Source: The Hindu
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