The west risks breaching the landmark nuclear agreement if it fails to give Iran proper access to the international financial system, a former British ambassador to Iran has argued. Banks have remained reluctant to enter Iran despite attempts by the US secretary of state, John Kerry, and his European counterparts. Dalton predicted that the nuclear agreement would last “provided that mutual benefit is delivered in practice” and that the US “uses its power wisely”. Iran would not be the first to renege, he argued, saying that “the overwhelming interest of Iran is to comply”. “The nuclear deal will stick, subject to US policy.

Source: The Guardian October 27, 2016 14:06 UTC