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P5+1 and Iran agree landmark nuclear deal at Geneva talks

iran-nuclear-dealThe P5+1 world powers and Iran have struck a historic deal on Tehran’s nuclear program at talks in Geneva on Sunday. Ministers overcame the last remaining hurdles to reach agreement, despite strong pressure from Israel and lobby groups.

“This deal means that we agree with the need to recognize Iran’s right for peaceful nuclear energy, including the right for enrichment, with an understanding that those questions about the [Iranian nuclear program] that still remain, and the program itself, will be placed under a strictest IAEA control,” Russian Foreign Minister Sergey Lavrov told journalists.

US President Barack Obama said that temporary nuclear deal is an important first step toward a comprehensive solution to Iran’s nuclear program.

According to reports by Fars news agency, under the deal Iran has agreed to halt enriching uranium up to 20 percent for 6 months, while enrichment under 5 percent will be continued.

Under the agreement Iran will get access to $4.2 billion in exchange for halting its nuclear program, a Western diplomat told Reuters.

US President Obama is expected to deliver a speech on the historic resolution within the next hour.

The P5+1 and Iran arrived at the historic deal over Iran’s nuclear program at approximately 3:00 AM local time in Geneva.

Source: Russia Today

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Foreign Policy News is a self-financed initiative providing a venue and forum for political analysts and experts to disseminate analysis of major political and business-related events in the world, shed light on particulars of U.S. foreign policy from the perspective of foreign media and present alternative overview on current events affecting the international relations.

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