March 27, 2015
Gaming the Iran Negotiations: Buying Time Versus Facing Failure
At the Iran nuclear negotiations in Switzerland, the date widely called a deadline -- March 31 -- is written in pencil, not carved in stone.
Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif are working under self-imposed pressure to conclude a framework by then. If they reach some agreement, that will buy them till June 30 -- the actual deadline -- to conclude a comprehensive accord intended to prevent Iran from becoming a nuclear-weapons state.
Most officials say they expect Iran and six world powers to reach some understanding in the coming days and then begin the make-or-break detail work.
The current interim accord between Iran and six world powers would likely end with Congress stepping up the U.S. sanctions against Iran. A struggle to hold together the international coalition supporting United Nations and European Union sanctions would ensue. Analysts say Iran might return to its nuclear program, including enriching uranium closer to weapons-grade levels.
Read the full article at Bloomberg.