Op-ed by Nate Olson in Reuters on the economics of the Iran deal

By  Nate Olson

The twists and turns on the path to the final deal on Iran’s nuclear program might pale in comparison to those yet to come. Here’s a kicker: Delivering on one of the deal’s most important commitments will depend on a party that was never at the negotiating table.

The accord calls for removal of a portion of the sanctions levied against Iran. That would be a largely pro forma exercise at the United Nations and in countries’ respective legal systems. But Tehran does not care about sanctions relief per se. What it wants – and expects – is a commensurate economic benefit that lasts.

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