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Iran's Atomic Energy Organization highlights sustainability of country's nuclear industry

Nuclear Program Materials 20 August 2020 14:19 (UTC +04:00)
Iran's Atomic Energy Organization highlights sustainability of country's nuclear industry

BAKU, Azerbaijan, August 20

By Elnur Baghishov – Trend:

All the activities in Iran's nuclear industry are carried smoothly and the industry is stable, Trend report with reference to a post by Atomic Energy Organization of Iran (AEOI) on its twitter page.

As noted, the Atomic Energy Organization of Iran has taken great steps to provide 190,000 separative work units (SWUs).

In January 2016, the Joint Comprehensive Plan of Action (JCPOA) was launched between Iran and the P5+1 group (US, Russia, China, UK, France and Germany) in connection with Iran's nuclear program. In May 2018, the US announced its withdrawal from the deal and imposed sanctions against Iran in November of the same year.

To preserve the agreements reached as part of the JCPOA, the European signatories of the deal stated in January 2019 that a financial mechanism for maintaining trade with Iran called INSTEX was formed.

On May 8, 2019, Iran announced that it had ceased fulfilling its commitments regarding the sale of over 300 kilograms of uranium, as stated in the deal, basing its decision on the other signatories having not fulfilled their obligations. On July 7, Iran announced that it will not be fulfilling its commitments regarding the enrichment of uranium at 3.67 percent and the reconstruction of the Arak Heavy Water Reactor Facility as stated in the deal.

Iran announced that it will enrich uranium using next-generation centrifuges and will not mix it with the enriched uranium residues as part of the third step of reducing commitments in JCPOA on Sept.5.

On Nov. 5, 2019, Iran announced that it took the fourth step in connection with reducing its commitments to the nuclear agreement. So, uranium gas is being pumped to the centrifuges at the Fordow Fuel Enrichment Plant.

Iran took the last fifth step in reducing the number of its commitments within JCPOA. Iran no longer faces any restrictions on its nuclear program.

The US imposed new sanctions on Iran in November 2018. Over the past period, the sanctions affected Iranian oil exports, more than 700 banks, companies and individuals.

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