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Analysis

Iran nuclear deal's fate uncertain as EU makes final push

Neither Washington nor Tehran are calling it quits, but experts are skeptical an EU proposal to revive the nuclear deal can break the deadlock.

Josep Borell, the High Representative of the European Union for Foreign Affairs and Security Policy (R), and Deputy Secretary General of the European External Action Service (EEAS) Enrique Mora (2nd-R) chat during a meeting with Iran's Foreign Minister at the foreign ministry headquarters in Iran's capital Tehran on June 25, 2022.
Josep Borell, the High Representative of the European Union for Foreign Affairs and Security Policy (R), and Deputy Secretary General of the European External Action Service (EEAS) Enrique Mora (2nd-R) chat during a meeting with Iran's Foreign Minister at the foreign ministry headquarters in Iran's capital Tehran on June 25, 2022. — ATTA KENARE/AFP via Getty Images

A compromise to restore the landmark Iranian nuclear accord that the European Union says is the best possible offer for both parties is being considered by decision-makers in Washington and Tehran.

More than a year of delicate diplomacy aimed at reviving the tattered 2015 accord, known as the Joint Comprehensive Plan of Action (JCPOA), has come down to a draft text recently put forward by EU foreign policy chief Josep Borrell. 

The EU has acted as an intermediary in the indirect talks between the United States and Iran. Writing in The Financial Times, Borrell described the proposal, which includes the hard-won concessions made in the previous rounds of talks, as “the best possible deal that I, as facilitator of the negotiations, see as feasible.” The window for significant new compromises has closed, he said. 

US State Department spokesperson Ned Price told reporters Thursday that Washington is reviewing the draft understanding and will share its reactions directly with the EU. 

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