Page-2 of Nuclear program of Iran Current Affairs, GK & News

Germany, France and UK officially set up a payment channel with Iran called INSTEX

Germany, France and the UK have officially set up a payment channel with Iran called INSTEX, to help continue trade and circumvent US sanctions. The long-awaited special payment system will help save the Iran nuclear deal by allowing Tehran to keep trading with EU companies despite Washington re-imposing sanctions after US President Donald Trump abruptly ..

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India decides to place four more reactors under International Atomic Energy Agency (IAEA) safeguards

India has decided to place four more reactors under the International Atomic Energy Agency (IAEA) safeguards. Accordingly, two Russian-designed Pressurised Light Water Reactors and two Pressurised Heavy Reactors being built with Indian technology will be covered. With this, a total of 26 Indian nuclear facilities will be under the international nuclear energy watchdog IAEA. This ..

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Joint Comprehensive Plan of Action

Joint Comprehensive Plan of Action or JCPOA is an agreement of China, France, Germany, Russia, the UK, the US and the European Union (EU) with Iran signed in 2015. Features of the pact: As per the agreement, Iran agreed to make certain changes to its nuclear programme to ensure it does not threaten the regional stability. In ..

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Hassan Rouhani sworn-in as new President of Iran

Hassan Rouhani has been officially sworn-in as the 7th President of Iran for his second term on August 3, 2017. Iran’s supreme leader Ayatollah Ali Khamanei gave his official approval for the president-elect by giving him a decree to assign him his duties. Rouhani won re-election in May 2017, after securing 57% of the votes ..

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More US sanctions on Iran

US imposed more sanctions on Iran to weaken its oil export dependent economy. It imposed Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (CISADA) and put penalizing action against those who continued to maintain ties with Iran. Due to sanctions, Bank of Kunlun in China and Elaf Islamic Bank in Iraq were punished for ..

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