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Nuclear Capabilities And Bargaining Process

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In this memo I will discuss the Iran nuclear deal in 2015. Firstly, I will summarize this event and come up with the questions about each actor’s action and preference; then I will analysis the theory behind this issue--Nuclear Capability and Bargaining Process; thirdly, I will analysis the actors’ preferences and interests; finally, I will discuss why did they sign an agreement at that particular time.
Puzzle:
On July 14,2015 the Iran nuclear deal was signed between the Islamic Republic of Iran and the P5+1—the United States, China, the United Kingdom, Russia, France, Germany and European Union, which is a milestone in human history that maintains the system of Nuclear Non-Proliferation with negotiation.
Under the deal, Iran would have to reduce its total of about 19,000 centrifuges down to 6,104; Iran 's centrifuges will only enrich uranium to 3.67%; Iran 's Fordow nuclear reactor would stop enriching uranium for at least 15 years; Iran can continue its research and development on enrichment, but that work will be limited to keep the country to its breakout time frame of one year; Iran will be required to provide inspectors from the International Atomic Energy Agency access to all of its declared facilities; The United States and the European Union would lift their nuclear-related sanctions on the Iranian economy after a U.N. verifies it has taken key steps.
Iran launched the nuclear program in 2003, and under the pressure of United Nations Iran signed the Nuclear

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