Iran’s strategic breakout

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THE agreement on Iran’s nuclear programme announced in Vienna on July 14 marks a watershed in world politics. Iran made major concessions to secure the deal, agreeing: not to produce highly enriched uranium; remove two-thirds of its centrifuges; not to use its advanced centrifuges; give up 98pc of its existing enriched uranium stockpile (for 15 years); modify the Arak heavy water reactor to block production of weapons-grade plutonium and not build other heavy water reactors for 15 years; put its entire nuclear fuel cycle under full-time IAEA inspections, provide managed access to ‘suspicious’ locations and as required to, clarify past nuclear activities.