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Significance
US President-elect Joe Biden supports the agreement, from which his predecessor Donald Trump withdrew, and has named as his national security adviser Jake Sullivan, who under former President Barack Obama began the secret outreach that fostered the JCPOA.
Impacts
Biden will immediately lower the temperature by facilitating trade in medical supplies to fight COVID-19.
An end to the ‘Muslim ban’ will likely mean Iranian citizens can again travel to the United States, pandemic permitting.
Iran may halt or slow steps that violate JCPOA limits, such as the installation of advanced centrifuges.
Keywords:
Iran,
United States,
ME/NAF,
Europe,
IRAN/US,
economy,
international relations,
nuclear weapons,
sanctions,
talks,
treaty,
nuclear energy,
Uranium
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2020
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