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Editorial See other Editorial Articles Title: Iran deal - View from China News Analysis: Geneva deal opens new horizons for Iran TEHRAN, Nov. 24 (Xinhua) -- The deal reached between Iran and world powers after days of intensive talks in Geneva will open new horizons in Iran's policies home and abroad, after over a decade of deadlock, analysts said. The nuclear deal between Iran and world powers will "open new horizons," Iranian President Hassan Rouhani said in a tweet on Sunday. "Iranian people's vote for moderation, constructive engagement, and tireless efforts by negotiating teams are to open new horizons," he said. The deal marks a new era after 35 years of anti-America and anti-West policy since the Islamic revolution. If it is not a U- turn it means Iran is at least reviewing its past foreign policies, Sadeq Zibakalam, a professor of politics in Tehran University, told Xinhua on Sunday. The history of the Islamic Republic of Iran will be divided by the nuclear talks, he added. The deal opens a new chapter in Iran's interaction with the world, which will advance in the light of mutual confidence, Rouhani said on Sunday. The recent Geneva agreement is the first step to build confidence between Iran and the world powers, he added. The following months is the "initiation of a new experience for the Iranian nation. We are happy that after ten years, this agreement was reached at this level," he said. Iran and P5+1, or the United States, Britain, France, Russia and China plus Germany, announced they have reached a deal early Sunday morning after five days of marathon talks in Geneva. The United States and its allies will afford Iran with limited relief of sanctions on its oil, gold, petrochemicals, auto industries and civil aviation with an estimated value of about 7 billion U.S. dollars under the terms of the six-month nuclear deal. In exchange, Iran agreed to halt enrichment above 5 percent and neutralizing its stockpile of near-20 percent uranium by means of dilution or converting. The Iranian officials considered the maintenance of uranium enrichment inside the country as an achievement. They regarded it as a confidence building measure taken by the P5+1. "The nature of (Geneva) agreement was a success for Iran's negotiating team," Iranian Foreign Ministry spokeswoman Marzieh Afkham said on Sunday. "The (uranium) enrichment of the Islamic republic has been recognized," said the spokeswoman live on state TV, adding that preserving the red lines in the talks, including the uranium enrichment, is an "achievement" for the Islamic republic. Zibakalam agrees the deal was an achievement, saying it may bring both short term and long term benefits for the country. In the short run, Iran will see economic improvement, especially in curbing inflation and stabilizing exchange rates, with its assets abroad freed and some sanctions on oil and banking industry partly lifted. In the long run, the impact will be tremendous, as it is the beginning for foreign companies' comeback to Iran. With sanctions further eased and relations between Iran and the West continuing to improve, foreign investment will flow into Iran, particularly into its energy sector. "Now, it is the turn of economic activists," Rouhani said, calling on Iranian businessmen to pick up entrepreneurship after being discouraged by a crippled market amid sanctions. "We have paved the way. From today, it's up to you to begin your work and efforts in (economic activities)," Rouhani said in a speech live on state TV after the deal was struck. Analysts believe achieving the nuclear deal will further enhance Rouhani's power to implement his policy of greater transparency in the nuclear project and better relations with the West. "The deal will greatly enhance Rouhani's position. Hardliners may say it is a result of many years of resistance, but the Iranian people understand it is the pragmatism and organization of Rouhani's government that made it possible," Zibakalam said. In addition to greater domestic support, Rouhani's administration is expected to have less disputes and conflicts with the West on its nuclear program. Under the deal, Iran's nuclear facilities will be watched closely by IAEA, ascertaining the West that Iran's nuclear project is under control Post Comment Private Reply Ignore Thread
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