• Home
  • Contact
  • Submit a News Release
Monday, May 19, 2025
  • Login
No Result
View All Result
NEWSLETTER
Mainland Times — Breaking Continental European News
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
No Result
View All Result
Mainland Times — Breaking Continental European News
No Result
View All Result
Home World

Iran nuclear deal: eighth round of talks begins in Vienna

Michael Sanders by Michael Sanders
12/27/2021
in World
Iran nuclear deal: eighth round of talks begins in Vienna
11
VIEWS

An eighth round of talks on reviving the Iran nuclear deal has begun in Vienna, with Iran saying participants have been largely working from an acceptable common draft text and that its team was willing to stay as long as it took to reach an agreement.

The Iranian foreign minister, Hossein Amir-Abdollahian, said he wanted the focus of the coming round of talks to be on how Tehran could verify US sanctions had genuinely been lifted. The landmark 2015 deal, from which Donald Trump withdrew the US, had lifted sanctions on Iran in return for controls on its civilian nuclear programme.

“We must reach a point where Iranian oil can be sold easily and without any restrictions so money for that oil can be transferred in foreign currency to Iran’s bank accounts,” Amir-Abdollahian said.

He said the negotiators were working from two joint draft texts. The first broadly covers the nature of all the sanctions related to the nuclear deal that the US must lift and the second is on the staging and details of the steps Iran must reverse to come back into compliance with the deal, such as reducing its nuclear stockpile and ending the use of advanced centrifuges.

In terms of the third paper on the verification of the lifting of sanctions, Iran has spoken in terms of a fixed volume of oil and industrial exports that must be completed before it need take reciprocal action by returning fully to its compliance with its side of the deal.

Iran is concerned western companies will be reluctant to invest in Iran because of fears that a future Republican US president could reimpose sanctions in 2025, putting their investments in jeopardy, just as happened in 2018 when Trump pulled out of the deal.

In a speech in February Iran’s supreme leader, Ayatollah Ali Khamenei, had insisted sanctions had to be lifted in practice, and not just on paper. A research paper from the Iranian parliament set out the number of barrels of oil to be exported per day, and the required value of transactions taking place in Iranian controlled banks in Europe.

Although the talks will be difficult, Iran seemed intent on injecting some optimism into a process that began in April.

In an important announcement the day before the eighth round, Iran’s atomic energy authority gave a public pledge that it would not seek to enrich uranium above 60%, a promise that came as a relief to Russian negotiators concerned that if Tehran pushed ahead to nuclear weapons-grade 90% enrichment, the European and American delegations would abandon the talks.

Western diplomats have been stressing they will not allow the talks to drag on much longer, possibly with early February as the final deadline. They point out the talks first started and were then paused for three months while a new Iranian government reviewed its negotiating position. Israel meanwhile claims Iran is procrastinating while its scientists take Iran secretly closer to a nuclear bomb. Western diplomats accept Iran is closer to breakout time than ever before, but this is not the same as being close to possessing a nuclear weapon.

Iran, China, Russia, France, Germany, the UK and the EU attended the talks, with a US delegation indirectly involved – a cumbersome procedure upon which Tehran has insisted even though it has delayed progress. Iran has been complaining in recent weeks that the European countries, especially France, have taken a position that is indistinguishable from the US.

The degree to which Iran needs western sanctions to be lifted to be able to produce a viable budget is contested within the country, as the leadership team around the new president, Ebrahim Raisi, claim they can avoid lifting costly subsidies on petrol and still produce a viable budget – a claim rejected by many Iranian economists.

Recommended

Sony Will Reportedly Continue Making PlayStation 4 Consoles Due To The PlayStation 5 Shortage

Sony Will Reportedly Continue Making PlayStation 4 Consoles Due To The PlayStation 5 Shortage

3 years ago
How war in Ukraine is affecting food supply in Africa and the Middle East

How war in Ukraine is affecting food supply in Africa and the Middle East

3 years ago

Popular News

  • Poland’s Bank Pekao opens London office

    Poland’s Bank Pekao opens London office

    0 shares
    Share 0 Tweet 0
  • The Top European Online Media Outlets: A Guide to Trusted News Sources

    0 shares
    Share 0 Tweet 0
  • ‘They could be the visionaries of our world’: do ‘overemotional’ people hold the key to happiness?

    0 shares
    Share 0 Tweet 0
  • USAF to turn Romania’s Câmpia Turzii air base into regional NATO hub

    0 shares
    Share 0 Tweet 0
  • Migom Bank’s Unprecedented Growth: A Look at the Past, Present, and Future

    0 shares
    Share 0 Tweet 0

Newsletter

Subscribe and receive the latest news to your email.

SUBSCRIBE

Category

  • Business
  • Climate
  • Economy
  • Education
  • Europe
  • Health
  • Latest
  • Society
  • Sport
  • World

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

Mainland Times is an independent online outlet that publishes socially relevant news taking place on the European continent. Mainland Times aggregates news from several sources, and also provides coverage through a network of local correspondents.

  • Home
  • Contact
  • Submit a News Release

© 2021 All rights reserved.

No Result
View All Result
  • Home
  • Europe
  • Economy
  • Health
  • Climate
  • Climate
  • Business
  • Sport
  • Education
  • Society
  • World

© 2021 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In