Issue 86 | May 2019 | Iran's Reckless Ultimatum
Iran’s reckless ultimatum Iran has seen a raw deal from the JCPOA. After strict compliance in its nuclear programme, the deal has not delivered the financial and economic reintegration it promised. On the contrary, the obstacles facing Iranian businesses are returning to the levels of the pre-JCPOA peak. But even without US involvement, the deal still represents the best medium- to long- term solution for Iran. It would be foolish to burn the international goodwill Iran has earned by reneging on its terms. Tehran’s decision to erode its commitment to the JCPOA has come as a great disappointment to the Iranian business community. There is sympathy for the government’s position from many in Iran. The country’s continued compliance with the terms of the nuclear deal has been met with antagonism by the US Trump administration and a painfully slow, albeit supportive, response from the European Union. But despite the sense of unfairness, businesses are concerned about the im
