Funds Needed to Continue Iran Nuclear Deal

$10 million per year is the needed funds to maintain the Iran nuclear deal; says International Atomic Energy Head Yukiya Amano to the board of the directors of the United Nations nuclear watchdog. A budget of $185,000 per month from the day of the adoption of the agreement until it is implemented. From there, a total of 800,000 euros per month was the reported needed by the agency. This was arranged after the Iran and 6 other countries came to a broad agreement last July 14 in compensations with its nuclear program. The U.S. Congress will decide on a vote this September on whether to reject the deal, as critics from the congress have been raising questions on the procedure, as the Obama administration acknowledges the participation of the Iranians in the inspection of the Parchin Military Site which has already been under suspicions of covert militarized nuclear activity.

This placed IAEA under pressure as its failure to disclose the roadmap agreement on the inspection of the site. Iran's delegate to IAEA Reza Najafi was questioned whether new information on Tehran's nuclear history, has already been submitted to the agency, but he said that he was not bound to disclose any of their arrangements.

Out of the 6 countries namely; the U.K., Russia, France, China, Germany, European Union and the U.S., the biggest financial contributor was the U.S. which assured the commitment to ensure the financial maintenance of the program by the International Atomic Energy Head. The negotiations have been going on since March 26 to April 2 this year.

Yukiya Amano said that "The Agency has immediate funding needs related to the continuing costs of implementing monitoring and verification under the existing Joint Plan of Action. These total 800,000 euros per month, the extra-budgetary contributions which we have previously received for this purpose will be exhausted by the end of September," IAEA's annual budget last year was over $402 million, and he was currently trying to incorporate the budget for monitoring Iran as part of the agency's regular annual budget in 2017.

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