European states have reportedly drawn up a new text for the Iran Nuclear resolution. The previous draft had been rejected by China and Russia.

Unidentified officials have told The New York Times that the new text allows for Iran’s civilian nuclear program to go on, as the prohibitions have to do with activities linked with making a nuclear weapon. It also removes restrictions on the nuclear reactor being built by Russia in Bushehr. The revision is undeniably meant to get China and Russia on board and it’s likely that the Europeans will get the support of the two veto-yielding powers.

The key issue for Russia is the idea of nuclear energy and what Russia stands to gain economically if Iran is to develop its nuclear program. With Bushehr off the new proposal, the Russians will be able to complete the power plant without obstruction. If the project is successful, they stand to gain more similar contracts, as Iran is looking to expand in the nuclear field. The new text also urges Iran to go ahead with the proposals put forth to it in June, which include stopping uranium enrichment. Because it will need to enriched uranium for its nuclear energy, Iran may chose to have it enriched in Russia, as was proposed a few weeks ago. This would benefit Russia economically as well.

China has economic ties with Iran as well and may want to participate in helping Iran shape its nuclear energy program as well, reaping the economic benefits received by Russia thusfar (the Bushehr plant is worth 800 M$).

The revised resolution which is to be formally presented on Monday is more reflective of the changing reality of countries like Iran, which are undergoing new stages of development that include nuclear energy production. In the same trend is India, which is currently in the process of finalizing a deal on cooperating with the US on its own nuclear energy program.

For more, see Nuclear Energy on Rise, Iran on Board.

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