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Why the European Union is a Big Winner from the Iran Deal

On July 14, 2015, Iran and six world powers agreed to a landmark deal to suspend Iran’s nuclear program. The deal offered Iran sanctions relief and an end to its international isolation, in exchange for Iran’s pledge to stop its quest for a nuclear bomb. After the conclusion of this deal, the European Union’s High Commissioner for Foreign Affairs, Federica Mogherini made a powerful statement highlighting the prominent role of the European Union in the Iran negotiations. In her exact words: “What we have achieved is the result of the strong political will of all parties, and the combined commitment of many. But it is mainly thanks to the extraordinary work of an extraordinary team, the…