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As of 2015, Iran's nuclear program has cost $100 billion in lost oil revenues and lost foreign direct investment because of international sanctions ($500 billion, when including other opportunity costs).
The foundations for Iran's nuclear program were laid on 5 March 1957, when a "proposed agreement for cooperation in research in the peaceful uses of atomic energy" was announced under the auspices of Eisenhower's Atoms for Peace program.
In 1967, the Tehran Nuclear Research Center (TNRC) was established, run by the Atomic Energy Organization of Iran (AEOI). S.-supplied, 5-megawatt nuclear research reactor, which was fueled by highly enriched uranium.
Iran signed the Nuclear Non-Proliferation Treaty (NPT) in 1968 and ratified it in 1970, making Iran's nuclear program subject to IAEA verification.
making its nuclear program subject to International Atomic Energy Agency (IAEA) verification.