Iran N-talks conclude with a deal

Image
IANS Geneva
Last Updated : Nov 24 2013 | 10:05 AM IST

After intensive negotiations, the P5+1 group and Iran have reached a first-step agreement on Iran's nuclear program, EU foreign policy chief Catherine Ashton announced early Sunday morning.

Ashton, who represents the P5+1 group -- the five UN Security Council permanent members Britain, China, France, Russia and the United States plus Germany -- during the talks with Iran made the announcement at the Palace of Nations, the headquarters of United Nations Office in Geneva, Xinhua reported.

"We have reached an agreement," Iranian Foreign Minister Mohammad Javad Zarif also announced on his Twitter.

No details of the agreement have been released as yet.

The latest round of the Iran nuclear talks, which started Wednesday and were scheduled to conclude Friday, entered into the unscheduled fourth day Saturday.

The United States Secretary of State John Kerry and foreign ministers of the five other major countries arrived here to push for a breakthrough.

This was the third round of negotiations between Iran and the six countries in more than a month.

Western countries have long been accusing Iran of developing nuclear weapons under the cover of a civilian nuclear program, but Iran insists that its nuclear program is for peaceful purposes.

In response to the deal, White House has said Iran is committed to halting enrichment above five percent and neutralizing stockpile of nearly 20 percent Uranium.

Acknowledging challenges ahead in talks with Iran, US President Barack Obama said after the deal that the United States and Iran can chip away mistrust.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 24 2013 | 10:02 AM IST

Next Story