Iran Nuclear Deal Hangs In Balance
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 1 May 2018
⏱️ 18 minutes
🧾️ Download transcript
Summary
Israeli Prime Minister Benjamin Netanyahu has made fresh allegations against Iran, adding to mounting pressure on the 2015 nuclear deal. What might be the impact on Iran, and for US and European businesses, if the agreement is ultimately scrapped?
We hear from Iran itself and what the threat of fresh sanctions has done to the country's currency, the money in ordinary people's pockets, and their hopes for the future.
But is the average Iranian actually better off since the lifting of sanctions three years ago? Ellie Geranmayeh, from the European Council on Foreign Relations, tells us the promised economic progress hasn't really materialised. One reason is that huge pressure is still being put on firms not to do business with Iran. Californian entrepreneur Honor Gunday, CEO and founder of online money transfer platform Paymentwall, says his firm received a surge of interest from the Islamic Republic after sanctions were lifted, but that he was warned off by US lobby organisations. We speak to one of those, United Against a Nuclear Iran, and its president David Ibsen. Plus, what next for the nuclear deal? UK sanctions lawyer Nigel Kushner and Ellie Geranmayeh tell us we could be in for many months of renegotiations and a possible trans-Atlantic split on the issue.
(Picture: Israeli Prime Minister Benjamin Netanyahu reveals what he says are Iran's "secret nuclear files". Credit: Jack Guez, Getty Images)
Transcript
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| 0:00.0 | Hello there, I'm Ed Butler and welcome to Business Daily from the BBC. |
| 0:09.5 | Today, as the fate of the Iranian nuclear deal seemingly hangs in the balance, |
| 0:15.3 | we hear from an American lobbyist whose job it is to warn American businesses against dealing with the Islamic Republic. |
| 0:23.1 | If you're doing business in Iran, there's a prospect that you'd be doing business with a |
| 0:26.5 | terror-linked firm. We know that dual nationals in Iran are in great danger of being detained. Iran |
| 0:31.1 | is one of the most aggressive users of hacking. This month, Donald Trump could revive tougher |
| 0:36.5 | sanctions against Iran, but will that cause |
| 0:39.2 | a split with Europe? To avoid damage to the transatlantic relations, the US has to overt an |
| 0:46.0 | overreach of US sanctions that frankly undermine European foreign policy in this area. |
| 0:50.8 | The Iran deal explained in Business Daily from the BBC. |
| 0:58.7 | It certainly was a highly dramatic display. The Israeli Prime Minister Ben Yomene Netanyahu standing on a |
| 1:06.6 | defence ministry stage with a PowerPoint and some shrouded display cases containing he told us |
| 1:13.1 | the secret truth about Iran's nuclear weapons program. |
| 1:17.3 | A few weeks ago, in a great intelligence achievement, Israel obtained half a ton of the material |
| 1:25.9 | inside these vaults. |
| 1:28.3 | And here's what we got. |
| 1:31.3 | 55,000 pages. |
| 1:40.3 | Another 55,000 files on 183 CDs. |
| 1:47.2 | Yes, thanks to an extraordinary intelligence coup, Mr. Netanyahu said he had proof that Iran was a lying all along about the so-called project Ahmad. |
| 1:57.1 | It's a program to build a bomb. |
| 1:58.9 | The White House certainly sounded impressed by all this. |
| 2:01.5 | National Security Advisor Mike Pompeo said this helped to spell out the scope and scale of Iran's ambitions. |
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