Nov. 25 - Israeli Prime Minister Benjamin Netanyahu has denounced a nuclear deal with Iran as a ''historic mistake''. But Control Risks’ Henry Smith says the country is unlikely to pursue military action.
Over the past -- daisy agreements reached into NATO will see Iran put quite strict limitations on its enrichment of uranium. And this will see a complete stop of enrichment above 5%. And also the confession of my list of itself 20%. Uranium in 25% for us. We will succeed more limitations put all of the activities outside you -- sites and also it. Freeze on about the development of enrichment and reprocessing facilities. In return and Iran will see relief from sesame US EU messes around its tax -- of petrochemicals. And also the free up in trade precious metals. Portsmouth Hamas and civil aviation -- -- well. The implications of president house on refining and around. Quite significant he's been openly congratulated it seems by the supreme leader Ayatollah how to cover night. And indeed uranium business community has understandably responded positively to it we've seen. I'm an appreciation -- -- now we've seen around in stock markets. -- a degree of optimism coming out of around. If you look at institutionalized hostility between Iran and between Iran and US and the prospect -- -- is this is quite an important breakthrough Frankfurt particularly when you think about. The sort of damage US teams have come to some relationships in the region particularly with the Israeli administration. And the saudis who can finally. Everyone is looking at the response from prime minister Benjamin Netanyahu. -- has been a vocal critic of these tools and some say it again. -- state to -- of his domestic political credibility at this time in office on being a hole on the Iranian issue. And she's made various things in the past about Israeli red lines and the like can diminish Jackson. In his recent comments Netanyahu said Israel will not be -- by the deal reached in Geneva but he stopped short of saying that base which. This human interaction or indeed he didn't seem to fraternities. Now we've long thought played down the prospects of Israeli unilateral military action against Iran it is a we think Netanyahu is using a sheet position himself domestically. He probably trying to distract a bit of attention from the Palestinian issue. And see -- North -- over -- Israel has the appetite to go to England without support from the US. Now one of the important things to watch. Is whether -- -- deal that would come at the end of the six months can be reached. The contours of the final deal had been -- attitude most of the recent statements about this interim agreement. On the Iranian side to want to see the US EU UN and unilateral sanctions against them lifted. And that would come in return for confidence in the international community. That Iran is not seeking to enrich uranium to a level that would allow it to make nuclear weapon. Or put them in a position way if they made the decision to -- and you -- weapon they could do that fairly quickly. So we're going to need to see some fairly robust monitoring. Of uranium and uranium and you can facilities. And that is one of the facts in the deal been reached to me.