Iran Nuclear Deal

Definition

The Iran Nuclear Deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), is an agreement reached in 2015 between Iran and the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany) along with the European Union. The deal aimed to ensure that Iran's nuclear program would be exclusively peaceful by imposing limitations and rigorous inspections in exchange for lifting economic sanctions on Iran.

Related terms

Non: Proliferation Treaty (NPT) - A treaty aimed at preventing the spread of nuclear weapons and technology, promoting cooperation in the peaceful uses of nuclear energy, and furthering the goal of achieving disarmament.

Economic Sanctions: Financial penalties applied by one or more countries onto another country or a group within a country, intended to enforce international law or punish misbehavior.

Uranium Enrichment: A process used to produce uranium isotopes with a higher concentration of U-235 which can be used for both civilian energy production and, at very high enrichments, for nuclear weapons