Extending N-talks extends losses for Iran

Baku, Azerbaijan, Nov. 25

By Umid Niayesh - Trend:

Extending the nuclear talks means for the Islamic Republic suffering serious losses for another seven months, an Iranian nuclear issues expert said.

Iran and the P5+1 group agreed to extend nuclear talks until July 1, 2015 after failing to meet the 24 Nov. deadline to reach a comprehensive nuclear agreement. The sides also extended the Geneva nuclear deal, which was signed last November for providing Iran with some sanctions relief in exchange for Tehran agreeing to limit certain aspects of its nuclear activities.

This means that the US-led international sanctions against Iran will remain in place for at least the next seven months.

Iran as a developing country suffers from the imposition of the sanctions because they have not only hindered its development process but even reverse it, Saeed Yari, the Chief Secretary of the Organization on Iran's National Interest Protection told Trend Nov. 25.

He added that the modality that was agreed in Geneva on removing sanctions gradually or all at once actually has been neglected. Only some small portion of the sanctions have been lifted and even during the negotiations the US Congress started sending signals for new sanctions, Yari said.

He argued that outcome of the Vienna nuclear talks was not positive for Iran, as each second of the seven months extension period imposes on Iran economic losses that will be followed by more dangerous economic stagnation.

The expert underlined that Iran's economy already suffers from stagnation and it may be compounded in the next months as sanctions remain.

Iran entered the nuclear negotiation process to decrease the sanction's pressure, Yari said, adding the goal has not been achieved yet.

He said the negotiating process is affected by radical viewpoints, mainly from the US side.

Yari forecasts that the negotiations also may be extended again after July 1, 2015 or new conditions may be imposed against the Islamic Republic. And the extending is an alarm for Iranian administration, in particular for negotiating team.

"If the negotiation continues under the US excessive and radical demands, a new extension may be suggested at the end of the current extension period," he said.

While commenting on non-economic consequences of the nuclear talks' extension for Iran, Yari said that it would raise disappointment among Iranians towards the negotiations.

Iran's nuclear program almost halted as a result of the Geneva nuclear deal, he said.

"For instance Iran accepted to convert about 200 kilograms of its 20 percent enriched uranium to uranium oxide, which the country already spent huge assets and time in processing," Yari added.

While the Geneva deal package is totally a loss for the Islamic Republic, if the loss continues with extension it may not be accepted by Iranian public opinion, he said. It is also against the viewpoints of the Iran's Supreme Leader, Ayatollah Ali Khamenei, the Iranian expert underlined, saying the outcome of the negotiations is exactly reflecting what Khamenei forecast.

Last February Khamenei said he was not optimistic about nuclear talks with world powers but was not opposed to them.

"What our foreign ministry and officials have started will continue and Iran will not violate its (pledge) ... but I say again that this is of no use and will not lead anywhere," Khamenei said.

Edited by CN

Umid Niayesh is Trend Agency's staff writer, follow him on Twitter @UmidNiayesh

Fighter aircraft crashes in Kazakhstan
Fighter aircraft crashes in Kazakhstan
Turkmenistan prioritizes promotion of domestic goods to world markets
Turkmenistan prioritizes promotion of domestic goods to world markets
Kazakhstan boosts trade with Tajikistan despite COVID-19
Kazakhstan boosts trade with Tajikistan despite COVID-19
Loading Bars
Latest
Fighter aircraft crashes in Kazakhstan
Russia adds 8,995 COVID-19 cases
Head of EU Delegation to Azerbaijan summoned to Azerbaijani MFA
Georgian budget to save funds thanks to low-interest rate on new Eurobonds
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,163 more COVID-19 cases, 2,251 recoveries
Frequency of regular flights between Georgia and Israel increases
Azerbaijani president, first lady sign obituary on famous film director’s death
Georgia not to revise 2021 budget
Volume of cargo exported by Azerbaijan via sea in 2021 disclosed
Raisina dialogue: Indo-Pacific epicentre of strategic competition, says Australia PM
Azerbaijan records sharp increase in cargo movement by air
Remittance inflows from Azerbaijan to Georgia show growth
Decrease in apartment prices in Georgia not expected - analyst
US investors aim to finance Georgian startups
Azerbaijan expanding network of seismic stations (PHOTO)
Turkmenistan prioritizes promotion of domestic goods to world markets
Kazakhstan boosts trade with Tajikistan despite COVID-19
Azerbaijan shows footage from Memer village of Gubadli district (PHOTO/VIDEO)
Nominal income of Azerbaijani population drops for Q12021
Foreigners show interest in making investments in Georgia
Azerbaijan's Azertutun company to be privatized - decree
Kazakhstan to amend rules for use of unmanned aircraft systems
Dozens of vehicles to be put up for state property auction in Azerbaijan
Next volume of ADA University’s Baku Dialogues Journal published
FAO working on approving Country Program Framing with Turkmenistan
U.S. housing starts increase more than expected in March
Photo capturing reaction to relative's death in Armenian attack on Azerbaijani Ganja named ‘Media Photo of Year’ in Turkey
Nokia expanding its activities in Georgia
SIEMENS AG modernizing thermal power plants in Uzbekistan’s Tashkent
Georgia shares data on dried fruit exports
Uzbekneftegaz JSC implementing modernization of unit at Uzbekistan's Shurtan Headings
Azerbaijan sees increase in inflation rate for Q12021
Turkmenistan leads in aviation oil exports to Georgia
Volume of Azerbaijan's 1Q2021 railway cargo traffic revealed
Russia's Yandex to launch e-grocery delivery in Paris then London
Kansas City revenue falls 3.5% as COVID-19 hits volumes
India To Spend $200 Million In Next 5-7 Years To Promote Hydrogen Use
Georgian Railway plans to issue Eurobonds in June 2021
Turkmenistan sees increase in number of registered business entities
Russian Hevel Energy Group commissions solar plant in Kazakhstan
UK PM Boris Johnson To Finalise "Roadmap 2030" With India: High Commission
India, France sign agreement for cooperation on Gaganyaan mission
Amazon announces $250 million fund for small, medium businesses in India
Sputnik V covid vaccine deliveries to India to begin this month
Anglo Asian Mining lowers gold output in Azerbaijan
International airport being built in Uzbekistan's Samarkand
Iran top OPEC oil producer for March 2021
Total assets of Azerbaijan's Kapital Bank increase
Japan provides loan to Uzbekistan within socio-economic dev't
Iran expects increase in production
Azerbaijan restoring roads in Tartar damaged during Second Karabakh War (PHOTO)
Memorandum of Understanding on co-op between Azerbaijan and OIC in field of statistics approved
COVID-19 affects trade turnover between Switzerland, Azerbaijan - ambassador
President of Afghanistan holds meeting with Nizami Ganjavi International Center (PHOTO)
Volume of natural gas industrial treatment at Turkmenistan’s Galkynysh field revealed
Iran has to take advantage of regional markets - Chamber of Commerce
Russia discloses volume of Sputnik V vaccine to be supplied to Azerbaijan
Azerbaijan shares data on cancelled tender, quotation poll results
Iran, Qatar may connect their power networks
Azerbaijan reveals 2M2021 data on cargo movement via TRACECA
Georgia sees increase in production of nuts and grapes
Meetings held in Azerbaijan with representatives of state bodies to switch to G-Cloud
Azerbaijan Airlines’ Supervisory Board holds first meeting (PHOTO)
China to invest in development of Iranian ports
Production of wheat and potato in Georgia increases
Switzerland sees potential in strengthening co-op with Azerbaijan in energy field
Uzbekistan interested in import of livestock from Kyrgyz Republic
Turkmenistan receives new industrial oil inflow
Uzbekistan discloses processing capacity of sunflower seeds by 2022
Azerbaijan talks reconstruction of several fish farms
VTB Group concludes deal for acquisition of Kazakhstan's KAZ Minerals
SOCAR boosts exports of oil, petrochemical and gas-chemical products
State Tax Service of Azerbaijan talks tax fees for online services
Passenger transportation indicators plummet in Kazakhstan
Azerbaijan's 1Q2021 GDP slightly decreases
Azerbaijani president, first lady view renovation, restoration work in Baku's Pirshaghi settlement (PHOTO)
Azerbaijan’s gas exports see 45% growth
Azerbaijan boosts gas exports via Baku-Tbilisi-Erzurum in 1Q2021
Azerbaijan records surplus in 1Q2021 state budget
Azerbaijan decreases oil exports via BTC
SOCAR increases gas output y-o-y
Uzbekistan to invest in viticulture dev't
Kazakhstan’s national postal service operator to buy consumables via tender
Uzbekistan continues ramping up flour, cereal exports
Mine explosion in Azerbaijan takes life of one more serviceman
Uzbekistan, Russia implementing numerous joint projects
Georgia reports 1,077 new cases of coronavirus for April 16
New Delhi a natural partner in shaping Indo-Pacific region: Australian PM Scott Morrison
Economist Intelligence Unit calculates 13 per cent growth for India, more than IMF prediction
Kazakhstan boosts exports to Russia over 2M2021
French Bouygues carries out construction of two new facilities in Turkmenistan
Azerbaijan's ADIF shares data on compensations paid to depositors of closed banks'
No point in discussing Nagorno-Karabakh problem in previous context - Russian expert
2021 to see over 3% increase in global gas demand
Georgia sees increase in hotel price index for March 2021
Kazakhstan unveils timeframe for large-scale crops sowing
Kazakhstan shares vehicle production data
Prices for precious metals up in Azerbaijan
Turkmenistan signs number of documents with international organizations
All news