The revised package of incentives offered to Iran on June 14th by Britain, China, France, Germany, Russia, and the U.S., known as the P5+1, includes economic, trade, educational, and agricultural benefits, as well as technical and financial support for the peaceful use of nuclear energy. The P5+1 also offered to support Iran “in playing an important and constructive role in international affairs,” and to promote “dialogue and cooperation on non-proliferation, regional security and stabilization issues,” among other political benefits.
In order to begin negotiations to discuss the P5+1 package, Iran must first fully and verifiably suspend its proliferation of sensitive nuclear activities, as required by the U.N. Security Council. Those are activities that can lead to the production of the fissile material needed to make nuclear weapons. The U.N. Security Council has imposed three rounds of legally binding, Chapter Seven sanctions on Iran for its refusal to comply with U.N. demands.
The Iranian regime has not formally responded to the revised incentives package but a formal response is expected soon.
U.S. President George Bush says that the incentives package presented to the Iranian regime carries a clear message: “There’s a better choice for you:”
“If you verifiably suspend your enrichment programs, you’ll end your isolation, and there’s a way forward for you. The Iranian regime has made a choice so far, and it’s a bad choice for the Iranian people. The Iranian people deserve better than being isolated from the world.”
“We want the Iranian people to thrive,” said President Bush. “It’s their government who has denied them their rightful place in the world. ... Hopefully the Iranian leadership will take a different position than the one they’ve taken in the past.”