If the nuclear deal with Iran is revived, the Emirates can offer Iran needed trade and investment in exchange for regional calm
Save time by listening to our audio articles as you multitaskA decade ago, as multilateral sanctions piled up on Iran, meant to press it into talks over its nuclear programme, boats headed north stuffed with appliances and luxury cars. On the return journey some carried nervous-looking sheep to be sold in the neighbouring United Arab Emirates . Business is not quite so good today.
In 2018 Donald Trump withdrew America from the deal, which is now largely defunct. On March 11th, after almost a year of talks, negotiators in Vienna put their work on “pause”. They had been close to an agreement until Russia demanded that its trade with Iran be exempted from Western sanctions. That was a patent ploy to create a way around the tough sanctions imposed on Russia after it invaded Ukraine.
On March 15th Sergei Lavrov, Russia’s foreign minister, met Hossein Amirabdollahian, his Iranian counterpart, in Tehran. Both said Russia was no obstacle to a deal. Barring another about-face, that leaves America and Iran to resolve a few glitches, mostly about sanctions relief. Iran’s release of two British-Iranians hinted at its desire to mollify Britain. One of them was
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