Washington Post: World Powers Reach Nuclear Deal With Iran To Freeze Its Nuclear Program Iran and six major powers agreed early Sunday on a historic deal that freezes key parts of Iran’s nuclear program in exchange for temporary relief on some economic sanctions. The agreement, sealed at a 3 a.m. signing ceremony in Geneva’s Palace of Nations, requires Iran to halt or scale back parts of its nuclear infrastructure, the first such pause in more than a decade. The deal, intended as a first step toward a more comprehensive nuclear pact to be completed in six months, freezes or reverses progress at all of Iran’s major nuclear facilities, according to Western officials familiar with the details. It halts the installation of new centrifuges used to enrich uranium and caps the amount and type of enriched uranium that Iran is allowed to produce. Iran also agreed to halt work on key components of a heavy-water reactor that could someday provide Iran with a source of plutonium. In addition, Iran accepted a dramatic increase in oversight, including daily monitoring by international nuclear inspectors, the officials said. The concessions not only halt Iran’s nuclear advances but also make it virtually impossible for Tehran to build a nuclear weapon without being detected, the officials said. In return, Iran will receive modest relief of trade sanctions and access to some of its frozen currency accounts overseas, concessions said to be valued at less than $7 billion over the six-month term of the deal. The sanctions would be reinstated if Iran violates the agreement’s terms.
Posted on: Mon, 25 Nov 2013 01:35:39 +0000
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