The Iran Nuclear Deal

摘要

The successful conclusion of the Iran nuclear deal after some protracted negotiations is undoubtedly a great and significant foreign policy achievement for both Iran and the US. Iran made some major nuclear concessions to make the deal a success. As a result, the post-sanctions period has brought about a host of economic opportunities for Iran to reinvigorate its faltering economy by opening it to the world. In this context, the Islamic republic needs to prudently resolve some economic hurdles plaguing the country. The historic deal has also created a range of geo-economic, geo-political and geo-strategic opportunities for the US to maximize its grand regional objectives. For the militancy-hit Middle East, the deal has instigated an ominous arms race in the region that could exacerbate the already deteriorating security conditions of the region. The deal has also created some opportunities for Pakistan to expedite its eco- nomic growth and lower its threatening energy crisis. However, the Indo-Iranian bloc with the US's support would create stumbling blocks for the CPEC.