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Jul 19, 2014

Iran, powers extend talks after missing nuclear deal deadline

VIENNA (Reuters) – Iran and six powers agreed to continue talking for four more months after failing to meet a July 20 deadline to reach a deal on curbing the Iranian nuclear programme in exchange for ending sanctions, enabling Tehran to access $2.8 billion of frozen cash.

But U.S. officials warned that most sanctions against the Islamic Republic would remain in place.

Jul 19, 2014
Jul 19, 2014

Iran gets $2.8 billion during extended atomic talks, most sanctions stay: U.S

VIENNA (Reuters) – Iran will be allowed to access an additional $2.8 billion of its frozen assets during a four-month period of extended talks with six powers on its nuclear program but most sanctions against Tehran will remain in place, the United States said. “Iran will not get any more money during these four months than it did during the last six months, and the vast majority of its frozen oil revenues will remain inaccessible,” U.S. Secretary of State John Kerry in a statement released in Vienna on Saturday. “We will continue to vigorously enforce the sanctions that remain in place.”

Earlier Iran and the six powers agreed to extend nuclear talks by four months after they failed to reach a July 20 deadline for a long-term deal that would gradually lift the sanctions against Tehran that have crippled its economy in exchange for curbs on the Iranian atomic programme.

Jul 19, 2014

Nuclear talks extended as ‘significant gaps’ remain: Iran, EU

VIENNA (Reuters) – Iran and six world powers have agreed to a four-month extension of negotiations on a nuclear deal with Tehran after failing to meet a July 20 deadline due to “significant gaps” between the two sides, the European Union and Iran said on Saturday.

“There are still significant gaps on some core issues which will require more time and effort,” EU foreign policy chief Catherine Ashton and Iranian Foreign Minister Mohammad Javad Zarif said in a joint statement.

Jul 18, 2014
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    • About Louis

      "I am Reuters' United Nations bureau chief based in New York. My previous postings were in Berlin, Vienna, Hong Kong and Prague. I have reported from Europe, Asia, the Middle East, Africa and the United States."
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