1. Iran, major powers reach historic nuclear deal

Iran, major powers reach historic nuclear deal

Iran and six major powers have reached a historic nuclear deal, which will grant Tehran sanctions relief in exchange for curbs on its nuclear programme, an Iranian diplomat said on Tuesday.

By: | Vienna | Updated: July 14, 2015 12:35 PM
Iran Nuclear deal

Iran Nuclear deal: German Foreign Minister Frank Walter Steinmeier (L), French Foreign Minister Laurent Fabius (2ndL), Chinese Foreign Minister Wang Yi (4thL), EU Deputy Secretary General for the External Action Service Helga Schmid (8thL), European Union High Representative for Foreign Affairs and Security Policy Federica Mogherini (C), US Secretary of State John Kerry (5thR), Under Secretary for Political Affairs Wendy Sherman (4thR) and Russian Foreign Minister Sergei Lavrov (R) meet in Palais Coburg, the venue for nuclear talks, in Vienna, Austria July 13, 2015.(Reuters)

A landmark Iran nuclear agreement was reached Tuesday after clearing final obstacles, and a senior diplomat said it included a compromise between Washington and Tehran that would allow U.N. inspectors to press for visits to Iranian military sites as part of their monitoring duties.

But access at will to any site would not necessarily be granted and even if so, could be delayed, a condition that critics of the deal are sure to seize on as possibly giving Tehran time to cover any sign of non-compliance with its commitments.

Under the deal, Tehran would have the right to challenge the U.N request and an arbitration board composed of Iran and the six world powers that negotiated with it would have to decide on the issue.

Still, such an arrangement would be a notable departure from assertions by top Iranian officials that their country would never allow the U.N’s International Atomic Energy Agency into such sites. Iran has argued that such visits by the IAEA would be a cover for spying on its military secrets.

On Tuesday morning, the European Union announced that the final plenary of Iran and the six countries negotiating with it will take place at 10:30 Vienna time, followed by a news conference. A Western diplomat said they will endorse the deal, reached in the early morning hours. He demanded anonymity because he was not authorized to comment on the confidential talks.

  1. S
    Sadasivan
    Jul 14, 2015 at 4:28 pm
    Increased Global Trade due to this may ease the Global recession.
    Reply

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