Iran has clearly won an important victory, not by actually building nuclear weapons, but by simply demonstrating the capacity to do so. Abedin Taherkenareh / EPA
Iran has clearly won an important victory, not by actually building nuclear weapons, but by simply demonstrating the capacity to do so. Abedin Taherkenareh / EPA

Nuclear deal gives Tehran a powerful hand



politics

Wrangling over the terms of the Iran nuclear deal is unlikely to end soon. Indeed, the agreement to lift sanctions on Tehran is far from a done deal, with the US Congress on course to pass legislation giving sceptical lawmakers greater oversight over the agreement. Barack Obama could find workarounds, of course, relying on a minority of senators to ensure his veto can't be overridden. And the fact that the agreement with Iran involves not only the US, but all five permanent members of the UN Security Council plus Germany (the P5+1) has important implications for the fate of sanctions.

When Vladimir Putin last week approved the delivery to Iran of the advanced S-300 anti-aircraft missile system, he served up a timely reminder that it is the other members of the P5+1 who traditionally trade with Iran, and on whose compliance with sanctions their effectiveness largely depends.

Should Congress pull the plug on the P5+1 agreement, sanctions will quickly crumble. The key factor keeping them in place has been the fear of being sanctioned by the US Treasury for non-compliance. The central place of the US in the international banking system has been used to bend reluctant participants to Washington’s will. Thus the significance of last week’s other bit of bad news for US hawks: the confirmation that 57 countries, including key US allies, ignored Washington’s objections and joined the Asian Infrastructure Investment Bank formed by China.

“We’re contemplating a major institution in which the United States has no role, that the United States made substantial efforts to stop and failed,” former treasury secretary Larry Summers told National Public Radio. That’s an unmistakable sign of the relative decline of Washington’s financial muscle as an instrument of geopolitical leverage, and that fact militates against the US sustaining its ability to compel others to comply with its sanctions.

Iran’s adversaries grumble that it has emerged as the big winner from the nuclear deal, usually exaggerating the implications of the agreement.

But in a bigger sense, Iran has clearly won an important victory, not by actually building nuclear weapons, but by simply demonstrating the capacity to do so. The grim reality of the international geopolitical order since the Second World War has been that it is nuclear-weapons capability that buys nation states a seat at the grown-ups’ table.

All five members of the P5 have nuclear weapons, as does Israel, the country leading the charge to reverse the deal. It’s also clear that nuclear weapons achieved a certain immunity for each of those states: for Moscow, nukes achieved the vital goal of being able to match US power and preclude being militarily challenged. For Paris and London they meant strategic independence from Washington. For Beijing, they meant strategic independence from Moscow. India’s nuclear capability matches that of its most powerful rival, China. Pakistan’s matches that of its most powerful rival, India. Israel’s nukes give it a strategic card that trumps all military challenges. North Korea’s establishes its independence from Beijing and Moscow and forces international powers to engage with Pyongyang.

Iran has not built nuclear weapons, of course, but it changed the diplomatic equation by assembling civilian nuclear infrastructure permissible under the NPT but which nonetheless gives it the capacity to build weapons should it choose to do so.

It’s often suggested that Iran was brought to the negotiating table by the sanctions chokehold. But what brought the western powers back to the table? If economic pain focused Tehran’s minds on the need for a diplomatic compromise, then it was the fact that Iran had begun enriching uranium to 20 per cent purity that focused western leaders’ minds on the urgency of agreeing caps on Iran’s nuclear work.

And Iran’s goal in using its nuclear work as diplomatic leverage has been the same as those other states: to establish the unassailable status of its regime as an independent geopolitical force. It ought to be remembered that when nuclear negotiations between Iran and three European powers began in 2003, Tehran’s key demand was for security guarantees, which would have been an immunity from foreign military efforts to topple its regime.

The nuclear deal makes Iran’s regime a partner in an important international security agreement designed to last decades. Even the negotiations to get to this point have required the world’s major powers to sit down with Iran’s regime, treating Tehran with the respect it has long craved.

By attaining breakout capability to build nuclear weapons, Tehran has won itself a seat at the grown-ups’ table, no matter how odious some of those world powers find its regime.

That may irk many of Iran’s adversaries, but it’s worth remembering that it was the P5 themselves that established the unspoken rule that nuclear capability remains the blue-chip currency of contemporary geopolitics.

Tony Karon teaches in the graduate programme at the New School in New York

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Brief scores:

Manchester City 3

Aguero 1', 44', 61'

Arsenal ​​​​​1

Koscielny 11'

Man of the match: Sergio Aguero (Manchester City)

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The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

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THREE POSSIBLE REPLACEMENTS

Khalfan Mubarak
The Al Jazira playmaker has for some time been tipped for stardom within UAE football, with Quique Sanchez Flores, his former manager at Al Ahli, once labelling him a “genius”. He was only 17. Now 23, Mubarak has developed into a crafty supplier of chances, evidenced by his seven assists in six league matches this season. Still to display his class at international level, though.

Rayan Yaslam
The Al Ain attacking midfielder has become a regular starter for his club in the past 15 months. Yaslam, 23, is a tidy and intelligent player, technically proficient with an eye for opening up defences. Developed while alongside Abdulrahman in the Al Ain first-team and has progressed well since manager Zoran Mamic’s arrival. However, made his UAE debut only last December.

Ismail Matar
The Al Wahda forward is revered by teammates and a key contributor to the squad. At 35, his best days are behind him, but Matar is incredibly experienced and an example to his colleagues. His ability to cope with tournament football is a concern, though, despite Matar beginning the season well. Not a like-for-like replacement, although the system could be adjusted to suit.

World Cup final

Who: France v Croatia
When: Sunday, July 15, 7pm (UAE)
TV: Game will be shown live on BeIN Sports for viewers in the Mena region

Ticket prices

General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

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Countdown to Zero exhibition will show how disease can be beaten

Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a  month before Reaching the Last Mile.

Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.

 

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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UAE%20v%20West%20Indies
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BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5

Saudi Cup race day

Schedule in UAE time

5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

What is graphene?

Graphene is extracted from graphite and is made up of pure carbon.

It is 200 times more resistant than steel and five times lighter than aluminum.

It conducts electricity better than any other material at room temperature.

It is thought that graphene could boost the useful life of batteries by 10 per cent.

Graphene can also detect cancer cells in the early stages of the disease.

The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.