Iran won't accept curbs beyond 10 years - negotiator | Fin24
 
  • New Notes

    Long queues have formed in Harare after Zimbabwe released new bank notes and coins.

  • Open Book

    Former President Jacob Zuma says the public protector can access his tax records.

  • Electricity

    Sowetans should pay rate of R150/month to foster a payment culture, says an ANC councillor.

Loading...

Iran won't accept curbs beyond 10 years - negotiator

Jul 22 2015 10:45

Dubai - Iran will not accept any extension of sanctions relating to its nuclear programme beyond 10 years, the Islamic Republic's senior nuclear negotiator said on Wednesday.

Abbas Araqchi told a televised news conference that any attempt to re-impose sanctions after they expire in 10 years would breach the agreement Iran reached with six world powers one week ago.

Araqchi was referring to a resolution the United Nations Security Council passed on Monday, endorsing the deal to curb Iran's nuclear programme in return for relief from sanctions. The world powers suspected Iran was trying to create a nuclear bomb; Tehran said the programme was peaceful.

The resolution allows all UN sanctions to be re-imposed if Iran violates the agreement in the next 10 years. If Iran adheres to the terms of the agreement, all the provisions and measures of the UN resolution would end in 10 years.

However, the six world powers, known as the P5+1, and the European Union told UN Secretary-General Ban Ki-moon earlier this month that after 10 years they planned to seek a five-year extension of the mechanism allowing sanctions to be re-imposed.

"The UN Security Council's resolution says clearly that the timeframe of agreement is 10 years, and Iran's case will be closed in the Security Council after that," Araqchi said.

"If the US and any other member of P5+1 say they want to adopt a new resolution after 10 years allowing sanctions to be re-imposed, it is the breach of Vienna agreement and has no credibility."

 

world economy  |  iran nuclear deal
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...