Iran N-Talks Extended by 7 months

Iran Interested To Go Ahead With Nuclear Talks With P5+1
  • Iran and six powers failed for a second time this year on Monday to resolve their 12-year dispute over Tehran’s nuclear ambitions They gave themselves seven more months to overcome the deadlock that prevented them from clinching an historic deal.
  • Western officials said they were aiming to secure an agreement on the substance of a final accord by March but that more time would be needed to reach a consensus on the all-important technical details.
  • British foreign secretary Phi lip Hammond told :We have had to conclude it is not possible to get to an agreement by the deadline that was set,therefore we will extend the JPOA to June 30, 2015
  • He was referring to the so called joint Plan of Action, an interim deal agreed between the six and Iran a year ago in Geneva.
  • Under the joint Plan of Action Tehran halted higher level uranium enrichment in exchange for a limited easing of sanctions.
  • Hammond said the expectation was that Iran would continue to refrain from sensitive atomic activity.
  • He added that Iran and the powers “made some significant progress” in the latest round of talks.
  • Hammond said there was a clear target to reach a “headline agreement” of substance and talks would resume next month.
  • Hammonmd said, noting that Tehran will still be able to continue to access $700 million per month in sanctions relief