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Friday, February 18, 2022

Report: Under draft nuke deal, Iran to first cut enrichment to 5%; get $7b in assets

A draft agreement between Iran and world powers would involve a phased return to the 2015 nuclear deal, with both sides initially taking interim steps to curb enrichment and lift some sanctions, according to a report Thursday.

The 20-page draft deal would also include the release of Westerners held by Iran, a key US demand, according to Reuters. Former US president Donald Trump abandoned the deal and reimposed sanctions in 2018, leading Iran to resume open enrichment of nuclear material to levels just below weapons-grade.

Officials involved in talks over the last seven months to reinstate the deal say time is running low, though some have indicated optimism that the sides could reach an agreement soon.

Iran’s top negotiator in Vienna, Ali Bagheri Kani, said Wednesday that world powers were “closer than ever” to reaching an agreement, while the US said it was in the “very final stages” of indirect talks with the Islamic Republic.

Israel has opposed a US return to the 2015 terms or a similar accord, fearing it would ease Iran’s path to the bomb. Israel’s Channel 13 said Thursday, in an unsourced report on the reported terms of the draft accord, “The feeling in Israel is that within days or weeks there will be a return to the old-new bad deal we knew.” READ MORE