Breakthrough deal at Iran and P5+1 nuclear talks

November 25, 2013

A key breakthrough deal has been clinched at Iran and P5+1 group of nations negotiations aimed to curb Iran’s nuclear programme in exchange for limited sanctions relief. The Chief Negotiator for the P5+1 nations, Catherine Marie Ashton and Iranian Foreign Minister Mohammad Jawad Zarief inked the deal to this effect at UN Headquarters in Geneva. The interim agreement for 6 months is intended to provide time and space to the international community to work out a comprehensive agreement.

What are the key features of the deal?

Iran will stop enriching uranium beyond 5%, the level at which it can be used for weapons research, and cut its stockpile of uranium enriched beyond this point.
Iran will provide greater access to inspectors including daily access at Natanz and Fordo nuclear sites.
In return, there will be no new nuclear-related sanctions for 6 months.
Sanctions relief worth about $7 billion on sectors including precious metals.

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