Iran Gives Incentive to Scrap Deal

In his desperation to ensure that the Joint Comprehensive Plan of Action (JCPOA) remained in effect after the end of the Obama presidency, Secretary of State John Kerry designed the agreement to front-load rewards on Iran. Rather than calibrate the unfreezing of assets to Iranian compliance throughout the life of the agreement, Kerry moved to release cash up front. Furthermore, Iran not only won huge investment on the part of Russians, Chinese, and Europeans, but Kerry also guaranteed that any snap-back mechanism could not impact such investment, thereby providing additional incentive to rush investment into Iran.

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Iran Gives Incentive to Scrap Deal

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