Iran denies any breach of nuclear accord

Image
AFP Tehran
Last Updated : Nov 18 2016 | 4:07 PM IST
Iran denied today that it had in any way breached its nuclear deal with world powers, insisting it was meeting its commitment to cap its stocks of controlled materials.
A report by the International Atomic Energy Agency last week showed that Iran's stocks of so-called heavy water had inched above the 130-tonne level set out in the agreement.
Heavy water is not itself radioactive but is used in certain types of nuclear reactor, which can in turn produce plutonium that can be used in an atomic bomb.
The July 2015 deal with world powers sets Iran's heavy water "needs" at 130 tonnes and states that any excess must be "made available for export".
Atomic Energy Organisation of Iran spokesman Behrouz Kamalvandi said arrangements were in hand to export the excess.
"Iran has fulfilled its obligations on heavy water stockpiles," state broadcaster IRIB quoted him as saying.
"We were required to put on the international market any excess over 130 tonnes and so far we have sold 70 tonnes," he said.
"Negotiations are under way with interested countries, in particular European," to sell the rest.
IAEA chief Yukiya Amano had chided Iran yesterday for exceeding the agreed limit on its stockpiles for a second time.
"It is important that such situations should be avoided in future in order to maintain international confidence in the implementation," he said.
Washington has played down concerns about Iran's exceeding of the stockpile limit.
State Department spokesman Mark Toner said last week that it was "important to note that Iran made no effort to hide this" and that he was "not sure whether that constitutes a formal violation".
In all other respects, the IAEA found that Iran was continuing to abide by the agreement's terms.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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 18 2016 | 4:07 PM IST

Next Story