International

World Powers Reach Historic Iran Nuclear Agreement

World Powers Reach Historic Iran Nuclear Agreement

Iranian Foreign Minister Javad Zarif and EU foreign policy chief Federica Mogherini praised the deal early Tuesday
Iranian Foreign Minister Javad Zarif and EU foreign policy chief Federica Mogherini praised the deal early Tuesday

Lengthy negotiations in Vienna have culminated in an historic deal between Iran and world powers.

As part of the comprehensive, 80-page deal, Tehran will curb its nuclear programme in exchange for the easing of destructive economic sanctions, implemented by the US following the 1979 Iranian Revolution, and by the UN Security Council in 2006.

Specifically, Iran’s nuclear production will be limited for ten years, and access to nuclear fuel and equipment will be limited for fifteen years. In response, Iran will benefit from hundreds of millions of dollars in sanctions relief.

Sanctions will not be lifted until Iran offers evidence to the International Atomic Energy Agency that it has complied with the terms of the deal.

Negotiations have been taking place between the US, Britain, France, Germany, Russia and China, but with staunch opposition from close US allies, such as Israel and Saudi Arabia.

Iran’s Foreign Minister Javad Zarif expressed hope that the deal could bring about a “new chapter of hope” in Western-Iranian relations.

“We are reaching an agreement that is not perfect for anybody but it is what we could accomplish and it is an important achievement for all of us,” he said at a press conference.

European Union foreign policy chief Federica Mogherini also referred to the possibilities opened by the deal, saying: “The decision we are going to take today is not only on Iran’s nuclear programme, but it is much more. It is a decision that can open the way to a new chapter in international relations and shows that diplomacy, coordination, cooperation can overcome decades of tensions and confrontations. This is a sign of hope for the entire world.”

One senior White House official was more hesitant in his praise, saying in a statement to NBC News that while the agreement was historic, it was not an “immediately transformative moment,” and that “we are years away from judging its success.”

Israeli Prime Minister Benjamin Netanyahu was quick to condemn the deal as giving Iran a “sure path to nuclear weapons” and a “jackpot of cash,” calling the Iran deal a “bad mistake of historic proportions.”

Authorities Issue Important Alerts For Eid Al-Fitr Vacationers In Egypt
Egypt's Minorities Gather For Iftar At Jewish Synagogue

Subscribe to our newsletter


International

More in International

burqa759

Morocco ‘Bans Sale of the Burqa’

Egyptian StreetsJanuary 11, 2017
3bf3752200000578-4099046-the_killer_reversed_this_white_truck_over_the_soldiers_to_ensure-a-37_1483891567442

Four Israeli Soldiers Killed in Jerusalem ‘ISIS Truck Attack’

Egyptian StreetsJanuary 8, 2017
esteban

Five Killed in Florida Airport Shooting

Egyptian StreetsJanuary 7, 2017
istanbul

35 Killed in New Year’s Nightclub Terror Attack in Istanbul

Egyptian StreetsJanuary 1, 2017
The Israeli flag flying over Israeli settlements in the West Bank (Photo: Reuters)

‘Day of Victory’: US Abstains, UN Demands End to Israeli Settlements

Egyptian StreetsDecember 24, 2016
Sudanese President Omar al-Bashir, center, Egyptian President Abdel-Fattah el-Sissi, left, and Ethiopian Prime Minister Hailemariam Desalegn, right, hold hands after signing an agreement on sharing water from the Nile River, in Khartoum, Sudan, Monday, March 23, 2015. Egypt, Ethiopia and Sudan on Monday signed an initial agreement on sharing water from the Nile River that runs through the three countries, as Ethiopia constructs a massive new dam it hopes will help alleviate its electricity shortages. El-Sissi, al-Bashir and Desalegn welcomed the agreement in speeches in Khartoum’s Republican Palace on Monday. (AP Photo/Abd Raouf)

Saudi Arabian Visit to Ethiopia Dam Tests Egyptian-Saudi Relations

Farah TawfeekDecember 21, 2016
Credit: AP

Gunman Who Attacked Mosque in Zurich Found Dead

Egyptian StreetsDecember 20, 2016
20turkey-6-superjumbo

Russian Ambassador to Turkey Assassinated by Turkish Police Officer

Egyptian StreetsDecember 20, 2016
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2016 ES Media UG. All Rights Reserved.