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Iran and the US’ flags are printed on paper seen in this illustration, taken Jan. 27, 2022. REUTERS/Dado Ruvic/Illustration

WASHINGTON, Aug. 23 (Reuters) – Iran has dropped some of its key demands to revive a deal to curb Tehran’s nuclear program, including its insistence that international inspectors shut down some probes of its nuclear program, raising the possibility of an agreement is getting closer, a senior US official told Reuters on Monday.

The United States wants to respond quickly to a draft agreement proposed by the European Union that would bring back the 2015 nuclear deal with Iran, which has left former President Donald Trump, and which current President Joe Biden has sought to revive.

The official said, on condition of anonymity due to the sensitivity of the case, that while Tehran has said Washington has made concessions, Iran has dropped some of its key demands.

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“They came back last week and dropped the main issues with a deal,” the official said. Read also : Lewandowski criticizes Bayern’s ‘policy’ in preparation for Barcelona.

“We believe they have finally crossed the Rubicon and are moving towards potentially backing into the deal on terms President Biden can accept,” the official added. “If we’re closer today, it’s because Iran has moved. They’ve succumbed to issues they’ve held onto from the start.”

Iran’s foreign ministry had no immediate comment.

Iran had already largely yielded to its demand that the United States remove the designation of the Iranian Revolutionary Guard Corps as a foreign terrorist organization (FTO) entity, the official said. read more

“We said we wouldn’t do that under any circumstances. They kept pushing for it. A month ago they started softening that core question and said you can keep the (FTO) designation, but we’d like to lift it from a number of companies affiliated with the IRGC. We said ‘no, we’re not going to do that,'” he added.

Iran also wanted a guarantee that the International Atomic Energy Agency (IAEA) would shut down investigations into unexplained traces of uranium.

“Iran wants guarantees that the IAEA would shut them all down. We said we would never accept that,” the official said.

The IAEA board of governors overwhelmingly passed a resolution in June criticizing Iran for failing to declare the presence of uranium traces at three undeclared sites. read more

The official said a rift still exists between the United States and Iran and that “it could take a little longer” to reach a final agreement, if possible.

“We are studying Iran’s response now and we will get back to it soon,” the official said.

Earlier, State Department spokesman Ned Price said there is no guarantee a deal can be struck.

Washington should lift some sanctions under the terms of the agreement, but US officials say returning to the deal is key to avoiding a nuclear crisis in the Middle East.

“If we get this deal, we will indeed lift some sanctions, but Iran must dismantle its nuclear program,” the official said.

All of this comes at a time when Iran is believed to have enough enriched uranium to — if further purified — build multiple weapons, and closer than ever to being able to produce them, the official said.

The nuclear deal between Iran and the world powers appeared to be revived in March after 11 months of indirect talks between the US and Iran in Vienna.

But negotiations stalled over obstacles such as Iran’s desire to remove the Revolutionary Guards Corps from the FTO list.

Iran has also demanded a guarantee from the United States that no future US president would leave the deal. Biden cannot offer such rock-solid guarantees because the deal is a political agreement rather than a legally binding treaty.

A second official said that if the deal is fully implemented, the IAEA would be able to resume a comprehensive inspection regime that could detect any Iranian attempt to covertly pursue a nuclear weapon. Much of this monitoring would continue indefinitely.

This official also said Iran would be prohibited from enriching and storing uranium above very limited levels, denying it the material needed for a bomb.

In addition, the official said, Iran should not have any of the 20% and 60% enriched uranium it is building today; advanced centrifuges Iran operates would be discontinued and removed, including all centrifuges at the fortified underground facility at Fordow.

“Strict limits on Iranian enrichment would mean that even if Iran abandoned the deal to pursue a nuclear weapon, it would take at least six months to do so,” the official said.

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Reporting by Steve Holland and Arshad Mohammed;

Editing by Mary Milliken and Gerry Doyle See the article : Israel’s high-tech funding fell in the first half amid fears of a global recession.

Our Standards: The Thomson Reuters Trust Principles.

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Where does Iran get its money from?

Without a nuclear deal, Tehran can resume progress toward a nuclear weapon. Without the deal, all restrictions blocking Tehran’s path to a bomb would be gone and international oversight of Iran’s nuclear activities would be lost. To see also : Mitsui Sumitomo Insurance will purchase a US reinsurance broker for $ 400 million, Nikkei reports. There is no other realistically viable alternative to prevent a nuclear-armed Iran.

It is dominated by oil and gas production, although more than 40 industries are directly involved in the Tehran Stock Exchange. The stock exchange has been one of the best performing stock exchanges in the world for the past decade.

How did Iran become rich?

How is Iran’s economy doing now? Iran Economic Outlook The economy is likely to have grown at a brisk pace over the year so far, helped by rising oil prices and a 14% year-on-year increase in crude oil production between January and April.

Is Iran the poorest country?

After the western removal of Iran’s democratically elected government, a rapid increase in oil revenues and continued western foreign aid between 1954 and 1960 led to increased investment and rapid economic growth, mainly in the public sector.RankCountry
GDP-PPS ($)81Turkmenistan
18,85782Georgia
18,59483Libya
18,34584Iran

Is Iran rich country?

18,332

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Did the US lift sanctions against Iran?

Iran is without a doubt one of the richest countries in the world. With its vast oil, gas and other natural resources combined with its young population and access to free seas (via the Persian Gulf), you would have to think that the country is experiencing significant growth and no poverty and unemployment problems.

As a result, UN sanctions were lifted on January 16, 2016. On May 8, 2018, US President Donald Trump announced that the United States would withdraw from the Iran nuclear deal. Sanctions by the United States were reinstated in November 2018 and extended to Iran’s financial sector in 2019 and 2020.

How did China get veto power?

When did the US introduce sanctions against Iran? The United States has imposed restrictions on activities with Iran under various legal authorities since 1979, following the seizure of the US embassy in Tehran.

In 1971, the Republic of China was expelled from the United Nations and the Chinese seat was transferred to the People’s Republic of China. The first use of its veto by the People’s Republic of China and the second as China took place on August 25, 1972, to block Bangladesh’s admission to the United Nations.

How can a country get veto power?

How China got the right to veto Quora? The 20 to 30 million Chinese soldiers and civilians who died in the Second Sino-Japanese War were one of the main reasons why the then Republic of China was given a seat on the United Nations Security Council and a veto.

How did China get a UN veto?

Article 27(3) of the UN Charter states that voting in the Security Council on non-procedural matters “shall be done by a positive vote of nine members, including the votes of the permanent members” – this is often referred to as the veto power of called permanent members. members.

How many times has China used its veto at the UN?

The ROC only used its veto once. Recognition of the Soviets’ violation of their treaty of friendship abolished recognition of Mongolia’s independence. Therefore, it vetoed its admission to the United Nations on December 13, 1955, claiming that as Outer Mongolia it would be an integral part of China.

Who buys oil from Iran?

The use of veto since 2000 points to changes in voting patterns among permanent members. China has used its veto more actively – 13 of its 16 vetoes have been vetoed since 2000 – including Russia in each of these cases.

Iran, whose oil industry has struggled for years with US sanctions imposed over Tehran’s nuclear work, has long relied on Chinese oil purchases to keep its economy afloat. According to calculations by data and consultancy firms, Iranian exports to China in March were estimated at 700,000 to 900,000 barrels per day (bpd).

Does Iran sell its oil in American dollars?

Who imports the most oil from Iran? The main destinations of crude oil exports from Iran are: China ($1.15 billion) and the Netherlands ($28.8 million). Iran’s fastest growing crude oil export markets between 2019 and 2020 were the Netherlands ($26.2 million).

Who does Iran sell oil to?

March 20, 2012: The Iranian oil exchange will no longer trade oil in the US dollar, but will start trading oil in other currencies such as the euro, yen, yuan, rupee or a basket of currencies.

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