Nuclear Deal Current Affairs - 2019

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Iran’s Parliament gives Preliminary approval for Nuclear Deal

The Parliament of Iran has passed a bill that allows the government to implement a historic nuclear deal reached with world powers i.e. P5+1 countries.

The accord will protect the Iran’s nuclear program and lifting of international economic sanctions.

Under the provisions of bill Iranian government can withdraw from implementation of the nuclear deal if the other side fails to lift economic sanctions against Iran. It also says that International inspectors would have only limited access to military sites.

Background

  • The Nuclear deal between Iran and so-called P5+1 US, UK, France, China and Russia plus Germany was struck in July 2015 after 20 months of negotiations.
  • Between 2006 and 2015, United Nations Security Council (UNSC) had passed seven resolutions forcing Iran to stop producing enriched uranium which can be used to build nuclear bombs along with using it for civilian purposes.
  • The nuclear deal had called for the lifting of economic sanctions in return for Iran curbing sensitive nuclear programme activities which may had developed nuclear bomb.

Tony Abott: Upbeat on possibility of Civil Nuclear Deal with India

Australian Prime Miniter Tony Abott has expressed the willingness of his government to sign a Nuclear Deal with India in his ongoing trip. Australia has been making sincere efforts since 2012 after Labor party reversed its decision to ban the sale of uranium to India because of New Delhi not being a signatory to the Nuclear Non-Proliferation Treaty.
Mr.Abott while addressing the Australian Parliament had stated that Australia was ready for Uranium sales to India as the latter had proved to the world of its commitment to strong and flourishing democracy with a proper rule of law.
Australia will take suitable safeguards keeping in view its own international standing and commitments before breaking the deal. The Deal if brokered and materialized will give a big Philip to the energy sector of our economy and will help India meets its energy needs. Australia houses a third of the world’s recoverable uranium resources which make it an important country in terms of nuclear power.
“The purpose of this trip, as far as I am concerned, is to acknowledge the importance of India in the wider world, acknowledge the importance of India to Australia’s future, to let the government and the people of India know what Australia has to offer India and the wider world for our part, and to build on those stronger foundations,” he said addressing a 30-member business delegation accompanying him on the trip at Hotel Taj Palace in Mumbai on Thursday, his first port of call.
India will also gain in terms of its standing in the world as it get another endorsement for its commitment for use of nuclear fuel only for peaceful civilian purposes. This will further reiterate its position of a strong and responsible nuclear power in the world.