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Qatar proposes nuclear deal swap

Tehran has 48 hours to decide if IAEA inspectors return in exchange for sanctions relief and frozen funds.

By Andrew Kovalenko ·

Illustration for: Qatar proposes nuclear deal swap
Illustration generated for this article, not a news photograph.

Qatar is currently holding a diplomatic proposal that offers Iran sanctions relief in exchange for the return of International Atomic Energy Agency inspectors. Two regional diplomats told Live Herald Post that Tehran could respond to the offer as early as Thursday, October 29. The deal would allow IAEA officials back into Iran's nuclear sites. In return, Iran would receive relief from current sanctions and possibly see the release of its frozen funds.

The timing of the proposal follows a briefing by IAEA Director-General Rafael Grossi at the UN Security Council on Tuesday. Grossi stated that only on-the-ground inspectors can provide an accurate view of Iran's nuclear status. He urged Iran to work with the agency to clarify outstanding safeguards questions. "I invite Iran to work with the IAEA without any further delay to clarify outstanding safeguards questions and to give the IAEA the information and access the agency requires," Grossi said. He noted that verifying facilities and material is a legal obligation for Iran.

This diplomatic move aims to bridge the gap between Washington and Tehran. Current talks have stalled because Iran demands the US lift its blockade and provide sanctions relief before discussing its nuclear program. The Trump administration insists that Iran must take an initial nuclear step at the start of any agreement. Senior officials from the mediating countries reportedly told their Iranian counterparts that this proposal represents the last chance before President Trump decides to launch a military operation against Iran.

The White House offered a different perspective on the timeline for potential conflict. Anna Kelly, Principal Deputy Press Secretary, told The Jerusalem Post that the United States will not attack Iran before the midterm elections. Those elections are scheduled for next Tuesday, November 3. Kelly added that the blockade remains in full force and effect. She stated that oil is flowing through the Hormuz Strait in record numbers of barrels.

Kelly also referenced President Trump's assessment of Iran's current state. She said Iran is in very bad condition both economically and militarily. The proposal from Qatar seeks to use the return of inspectors as a starting point to narrow the gap between the two sides. It also allows the international community to assess the current status of Iran's nuclear activities.

The decision now rests with Tehran. If Iran accepts the terms, IAEA inspectors will return to the country's nuclear sites. If Iran rejects the offer, the diplomatic window may close. The two regional diplomats indicated that a reply is imminent. The outcome of this decision will determine whether the current sanctions and blockade remain in place or begin to loosen.

The IAEA has maintained a presence in Iran for years. The current absence of inspectors has left questions about the state of the nuclear program unanswered. Grossi's briefing on Tuesday emphasized the urgency of restoring that access. The proposal from Qatar ties that access directly to economic relief. This structure attempts to satisfy both sides' immediate demands while setting the stage for further negotiations.

The next 48 hours will be decisive. Tehran must decide whether to accept the terms of the proposal. A yes would signal a willingness to engage with the international community. A no would keep the status quo in place. The White House has stated it will wait for the midterm elections before making any major military moves. The diplomatic clock is ticking for both sides.

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