In 2015, the Islamic Republic of Iran – or Iran, for short – came to terms with the five permanent members of the United Nations Security Council, including Germany – these five permanent members plus Germany are often commonly referred to as the P5+1, or as the E3+3 by countries throughout Europe – and the European Union. This agreement was known as the 2015 Iran nuclear framework, which stayed in place until May 2018, when the United States, under the leadership of President Donald Trump, backed out of the deal.
The central reason that Iran agreed to the deal, even though that it limited the country’s ability to create, store, and develop missiles and bombs capable of explosion in nuclear fission form, a very powerful tool that most, if not all, countries would like to have, was to nullify the countless sanctions that had been placed on Iran by the P5+1 and the European Union that severely limited what the country was able to do economically and politically.
The most important of these sanctions was the oil embargo against Iran, which prevented the country from exporting oil to the world’s greatest economic powerhouses and political forces. United States-based companies were also allowed to do business with Iran, both as a government and with the businesses based inside of Iran. Arguably the third most important benefit that came from the framework was that Iran’s banking networks were unfrozen, granting the government and people and businesses within the country access to some $100 billion that had long been stuck in Iranian-owned bank accounts that were located outside of the country.
It’s worth noting that at the time President Trump pulled the United States out of the Iran nuclear framework, the country also slapped a series of serious sanctions against the Middle Eastern country.
Since the U.S. removed itself from the agreement last year, Iran has started its nuclear program back up, allegedly having been engaging in the stockpiling of uranium, which is used to power nuclear bombs.
Yesterday, on Tuesday, Sept. 3, 2019, President Hassan Rouhani of Iran shared with the BBC that the country would continue to refuse official, two-sided discussions with the United States. President Rouhani was also quoted as saying, “There have been a lot of offers for talks,” referring to several alleged attempts on behalf of the United States to each out to the country’s leaders in order to work things out between the two countries.