CURRENT AFFAIRS

Detailed explanation-1: -On July 14, 2015, the P5+1 (China, France, Germany, Russia, the United Kingdom, and the United States), the European Union (EU), and Iran reached a Joint Comprehensive Plan of Action (JCPOA) to ensure that Iran’s nuclear program will be exclusively peaceful.

Detailed explanation-2: -The P5+1 refers to the UN Security Council’s five permanent members (the P5); namely China, France, Russia, the United Kingdom, and the United States; plus Germany. The P5+1 is often referred to as the E3+3 by European countries.

Detailed explanation-3: -Currently, Iran has a uranium stockpile to create 8 to ten nuclear bombs. But thanks to this nuclear deal, Iran must reduce its stockpile of uranium by 98%, and will keep its level of uranium enrichment at 3.67% - significantly below the enrichment level needed to create a bomb.