Iran nuclear deal draft puts prisoners, enrichment, cash first, oil comes later - diplomats

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Title : Iran nuclear deal draft puts prisoners, enrichment, cash first, oil comes later - diplomats
Link : Iran nuclear deal draft puts prisoners, enrichment, cash first, oil comes later - diplomats

A US-Iranian deal taking shape to revive Iran's 2015 nuclear agreement with world powers lays out phases of mutual steps to bring both sides back into full compliance, and the first does not include waivers on oil sanctions, diplomats say.

Envoys from Iran, Russia, China, Britain, France, Germany, the European Union and United States are still negotiating details of the draft accord amid Western warnings that time is running out before the original deal becomes obsolete. Delegates say much of the text is settled but some thorny issues remain.

The broad objective is to return to the original bargain of lifting sanctions against Iran, including ones that have slashed its crucial oil sales, in exchange for restrictions on its nuclear activities that extend the time it would need to produce enough enriched uranium for an atomic bomb if it chose to.

Iran has breached many of those restrictions and pushed well beyond them in response to the US withdrawal from the deal in 2018 and its reimposition of sanctions under then-President Donald Trump. While the 2015 deal capped uranium enrichment at 3.67% fissile purity, Iran is now enriching to up to 60%, close to weapons-grade.

Iran insists its aims are wholly peaceful and that it wants to master nuclear technology for civil uses. But Western powers say no other state has enriched to such a high level without developing nuclear weapons and Iran's advances since the US walkout mean the 2015 deal will soon be totally hollowed out. READ MORE