Iran pledges to start eliminating uranium Jan 20, White House saysJanuary 13, 2014 - 09:43 AMT PanARMENIAN.Net - Iran has pledged to start eliminating some of its uranium stockpile on January 20, the White House said Sunday, Jan 12. That gives an official start time for the six-month interim deal with Iran, which was first announced in November. "As of that day, for the first time in almost a decade, Iran's nuclear program will not be able to advance, and parts of it will be rolled back, while we start negotiating a comprehensive agreement to address the international community's concerns about Iran's program," U.S. Secretary of State John Kerry said in a statement Sunday, according to CNN. Iranian officials also confirmed the start date for the deal, state media reported. As part of the agreement, Iran has agreed to start eliminating its stockpile of higher levels of enriched uranium, to dismantle some infrastructure that makes higher-level uranium enrichment possible, and not to start up additional centrifuges. Representatives from the United Nations' nuclear watchdog agency will also monitor Iran's nuclear facilities and make sure the country is taking the required steps as part of the deal. In exchange, some sanctions against Iran will be eased as part of what the White House calls "modest relief." U.S. officials estimate the overall sanctions relief provided to Iran as part of the deal will total around $7 billion -- $4.2 billion of which consists of restricted Iranian assets that will be freed up gradually. "The $4.2 billion in restricted Iranian assets that Iran will gain access to as part of the agreement will be released in regular installments throughout the six months," Kerry said. "The final installment will not be available to Iran until the very last day." It took three rounds of meetings with technical experts to hammer out the details of implementing the deal, European Union High Representative Catherine Ashton said in a statement Sunday. Iranian deputy foreign minister, Abbas Araqchi, announced the deal's start date at a press conference Sunday, saying that his country would stop 20% uranium enrichment at that time, the state-run Islamic Republic News Agency reported. "There's $4.2 billion of Iran's oil income which will be released, and from the other side, the conversion of 20% enriched material to oxide or diluting it (will) be carried out. This action on our side, and that one on theirs, will be performed within a six-month span," he said. Even as they hailed the start date as a significant step forward Sunday, officials cautioned that the toughest negotiations are yet to come. "The negotiations will be very difficult," Kerry said, "but they are the best chance we have to be able to resolve this critical national security issue peacefully, and durably." Photo: mehr.ir Related links: Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia. Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements. Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of Armenia Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |