Iran, P5+1 reach nuclear deal
Baku, Azerbaijan, Nov. 24
By Rahim Zamanov - Trend:
Iranian Foreign Minister Mohammad Javad Zarif said that Iran will halt the enrichment of uranium to a level of 20 per cent for six months.
"Tehran would be allowed to continue other parts of its enrichment program," he said.
U.S. fact sheet reported that Iran has committed in nuclear deal to neutralize its stockpile of near-20 percent enriched uranium.
Under the deal, major powers would not impose new nuclear-related sanctions on Iran for six months.
They would also suspend some existing punitive measures.
"Measures to be suspended include parts of the oil embargo, as well as sanctions against Iran's petrochemical industry, car production, insurances and trade with precious metals," Zarif said.
Iran's President Hassan Rouhani hailed an agreement with world powers over Tehran's nuclear drive, saying it would "open new horizons", the AFP reported.
"Constructive engagement (in addition to) tireless efforts by negotiating teams are to open new horizons," Rouhani said on Twitter after intensive talks in Geneva produced a long-elusive accord.
Rouhani said the deal had been made possible due to "Iranian people's vote for moderation", referring to his surprise election victory in June.