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According to Huatai Securities, on August 17, the 60-day negotiation period of the memorandum of understanding signed between the US and Iran officially expired. At present, negotiations on the Iran nuclear issue and the complete lifting of sanctions have not progressed substantially. The Strait of Hormuz remains closed, and the US and Iran are in an exhausting impasse. The US seeks to use extreme pressure to force Iran to make irreversible concessions on the nuclear issue, while Iran uses a delaying strategy to consume America's military resources and strategic patience. Huatai believes that the US and Iran will probably not be able to reach a “final agreement” in the short term, and that the negotiation window may be “extended by default” to present a nominal and technical “renewal of life.”
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According to Huatai Securities, on August 17, the 60-day negotiation period of the memorandum of understanding signed between the US and Iran officially expired. At present, negotiations on the Iran nuclear issue and the complete lifting of sanctions have not progressed substantially. The Strait of Hormuz remains closed, and the US and Iran are in an exhausting impasse. The US seeks to use extreme pressure to force Iran to make irreversible concessions on the nuclear issue, while Iran uses a delaying strategy to consume America's military resources and strategic patience. Huatai believes that the US and Iran will probably not be able to reach a “final agreement” in the short term, and that the negotiation window may be “extended by default” to present a nominal and technical “renewal of life.”
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