A new nuclear agreement with Iran is reportedly just days away, as the roughly year-long negotiation on such a deal are coming to a close
The agreement is being reported by Fox News, based on a European diplomatic source. The deal involves Iran, China, Russia and the United States.
Iran's chief negotiator told the news media Thursday that an agreement would be finalized inside of the next two days.
The Joint Comprehensive Plan of Action, established in 2015, placed limitations on Iran's nuclear activity in exchange for a significant rollback of international sanctions. Upon assuming office, the Trump administration promptly backed out of the deal, arguing that it did not do enough to curb Iran's nuclear aspirations.
Instead, Trump's team installed a maximum pressure campaign by ramping up sanctions. All recent reports from the International Atomic Energy Agency indicate that Iran has built up a significant stockpile of highly enriched uranium.
A number of restrictions pertaining to Iran's nuclear activity have already been lifted by the U.S. government. Last month, Secretary of State Antony Blinken signed a waiver that will allow foreign companies and countries to take part in civilian nuclear projects in Iran without facing American sanctions.