Iran

Lord Campbell of Pittenweem Excerpts

Monday 25th November 2013 Commons Chamber

[Mr Hague]

I am grateful to the right hon. Gentleman the shadow Foreign Secretary for his clear support. There has indeed been a bipartisan approach for a long time, and it is clearly continuing in relation to this agreement.

The right hon. Gentleman is quite right to say, as he did at the end of his remarks, that it is very important to keep sanctions tight and verification intrusive to maintain the confidence and the pressure needed to reach a comprehensive agreement. He is also right that no such agreement can be perfect—it is the product of negotiations and compromise—or guaranteed to lead to a comprehensive agreement, but in my judgment it is the only route to a comprehensive agreement.

Some have made the criticism that we should have concentrated on moving straight to a final and comprehensive agreement, but from everything that I have seen, I know that that would not have been possible, and while we negotiated such a comprehensive agreement, the progress of the Iranian programme, which has now been brought to a stop in many ways, would have continued. This is therefore a crucial step on the way to a comprehensive agreement and makes it possible to set about negotiating one.

The right hon. Gentleman asked some specific questions. He asked about how the agreement relates to the plant at Fordow. The agreement specifically refers to that:

“Iran announces that it will not make any further advances of its activities at the Natanz Fuel Enrichment Plant…, Fordow…or the Arak reactor”.

Footnote 2 on the second page of the agreement states in relation to Fordow that there should be

“no further enrichment over 5% at 4 cascades now enriching uranium”,

and no feeding of uranium hexafluoride into the other 12 cascades and so on. There are therefore specific requirements on that plant. As for each of the plants, its longer-term future, including whether it operates at all, will be up to the final and comprehensive agreement and must be addressed at that stage.

The right hon. Gentleman asked about inspections at Parchin. That remains a point of difference between the IAEA and Iran, including in their latest talks, and it is another aspect of the Iranian programme that must be addressed as part of a comprehensive and final settlement.

The right hon. Gentleman asked about the urgency. On that, it is important to put the $7 billion of sanctions relief into perspective, because he referred to it as being effective immediately. The $7 billion of sanctions relief is actually available to Iran over the six-month period once that period has begun, which we hope will be by the end of January. A good deal of the $7 billion involves the unfreezing of assets, so those assets will be unfrozen in stages. Iran will not therefore receive $7 billion on the first day, and then decide whether to implement its side of the agreement.

It is also important to see that $7 billion in perspective. In January, Iran’s Oil Minister acknowledged that the fall in oil exports as a result of sanctions was costing Iran between $4 billion and $8 billion every month. Reports suggest that Iran currently has between $60 billion and $100 billion of assets frozen overseas that it cannot access. The $7 billion of relief is therefore a very small proportion of the total frozen assets and of the total effect of sanctions applied to Iran.

That is why I have said that how we apply sanctions relief leaves Iran with a huge incentive, since it wants wider relief from sanctions, to negotiate a comprehensive and final settlement. That will help to maintain the urgency, but of course all our diplomatic activity—seeking to maintain the momentum behind the agreement, and to ensure that it is implemented and that we can go on to negotiate a comprehensive settlement—will also convey that urgency. The right hon. Gentleman can be assured that we will leave no stone unturned to try to bring that about.

[Sir Menzies Campbell (North East Fife) (LD)]

May I briefly add my tribute to the right hon. Member for Blackburn (Mr Straw)? It is fair to say that the initiative he took all those years ago was not met with universal approval throughout the House.

In the light of Mr Netanyahu’s public response to this agreement, what assessment has my right hon. Friend the Foreign Secretary made of the risk of Israel taking some unilateral action that might undermine the agreement, and what representations has he made to the Israeli Government against taking any such action?

[Mr Hague]

We are in constant touch with the Israeli Government. The Prime Minister discussed matters with Prime Minister Netanyahu during the negotiation of the agreement over the past few weeks. It is important to understand the concerns of those who are sceptical about any agreement on the grounds of Iran’s past deceptions. It is also important to ask those people what the alternative to the agreement would be. The alternatives would involve Iran getting to nuclear weapons threshold capability, Iran having a nuclear weapon, a conflict with Iran or all those things. We have to be clear that there are compelling arguments for the agreement. We would discourage anybody in the world, including Israel, from taking any steps that would undermine the agreement. We will make that very clear to all concerned.