After revelations that interim Iran deal not finalized, worries deepen Tehran may pocket concessions and abandon further talk

After revelations that interim Iran deal not finalized, worries deepen Tehran may pocket concessions and abandon further talks 

The Israel Project 26-Nov-13

News broke mid-Monday that the final details of this weekend's interim agreement between the P5+1 and Iran had not yet been agreed upon, and that the six month period during which Iran is expected to negotiate over a comprehensive deal - and during which U.S. negotiators had committed to preventing the imposition of new nuclear-related sanctions - had not yet started. Evaluating the development, The Hill pointedly noted that the interim deal's announcement had nonetheless already boosted Iran's economic position, "with the Iran's currency, the rial, jumping three percenton Sundayand oil markets sagging in expectation of increased supply." News also emerged today that the European Union may remove certain sanctions on Tehran within weeks. The sum of the developments may deepen worries that asymmetries built into the interim deal - the terms of which only require Iran to 'freeze' its nuclear program as-is, but provide irreversible concessions to Tehran - may allow the Islamic republic to pocket interim concessions and eventually walk away from further negotiations. Most straightforwardly, Iran will get to pocket the billions in financial relief its gets, which Mark Dubowitz, executive director of the Foundation for Defense of Democracies (FDD), estimated this weekend would ultimately amount to roughly $20 billion. Dubowitz and FDD senior fellow Orde Kittrie today outlined how "the agreement greatly weakens Western economic sanctions" inasmuch as "Iranian sanctions-busters will be in position to exploit the changing market psychology and newly created pathways to reap billions of additional dollars in economic relief beyond those projected by the Obama administration." The New York Times echoed the point, conveying the concerns of critics in "Congress, the Arab world and Israel" to the effect that "the roughly $100 billion in remaining sanctions will gradually be whittled away [by wily] middlemen, Chinese eager for energy sources and Europeans looking for a way back to the old days." Iran may calculate that the direct injection of capital, coupled with the economic benefits of currency gains, are sufficient to wait for the disintegration of the international community's sanctions regime.