EU Proposes Significant Concession to Iran to Revive Nuclear Deal

    Photo: Laurence Norman/Wall Street Journal

    The Facts

    • In order to break a deadlock in talks over the Iran nuclear accord, EU diplomats have reportedly proposed a significant new concession to Tehran aimed at ending a UN investigation into Iran's atomic program.

    • Seventeen months after the US and Iran began negotiating a possible return to the 2015 nuclear deal abandoned by former Pres. Trump in 2018, the EU foreign policy chief, Josep Borrell Fontelles, put forward a "final" proposal for the two sides to consider to prevent to the collapse of talks.

    The Spin

    Narrative A

    The revival of the 2015 nuclear pact is a key foreign-policy goal for the Biden administration. However, Washington wants to see the IAEA investigation resolved, and the only way for that to happen is for Iran to provide the agency with the critical information they need.

    Narrative B

    It's in the interest of all stakeholders that the Iranian nuclear deal can be reached. A deal would bring Iranian oil back to the global economy, burdened by high energy prices. Tehran, in its turn, would want the removal of constricting sanctions, finally re-engaging Iran within the international community.

    Nerd narrative

    There is a 10% chance the US will rejoin the Iran Nuclear Deal before 2023, according to the Metaculus Prediction Community

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