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Main Agreement Reached Between Iran and US

Hassan Rouhani, President of Iran on Thursday said that Tehran and other world powers are in agreement that sanctions on his country will be lifted as negotiations continue over reentry into the Obama-era nuclear deal. Rouhani also added that the main agreement has been reached after indirect talks between Iran and the U.S. over how to bring back the 2015 nuclear deal.

Former President Trump removed the U.S. from the pact in 2018. The negotiations are taking place through European intermediaries in Vienna, and are still focusing on details and finer points before there’s a final agreement. The remarks come after the latest round of talks ended Wednesday, with negotiators saying that progress had been made in restoring the nuclear deal.

Main Agreement Reached Between Iran and USA potential deal marks the most tangible sign of progress in the weeks-long talks, which had been hung up on how to return Washington and Tehran to compliance with the nuclear pact. Washington had maintained that Iran must refund its uranium enrichment to the limits the deal set out. Tehran said that sanctions that were applied when Trump pulled the U.S. out of the deal must first be lifted before it makes any changes to its nuclear program.

A spokesperson did not say if a deal had been reached but said that sanctions remained at the point of negotiations. The spokesperson also added that the substantial move made by the U.S. would be a part of the process in which both sides take actions, and many challenges are remaining. The nature of the sanctions-related steps that the United States has to achieve this objective is the main subject of the talks.The alleviation of sanctions on many other Iran sectors mainly focusing on its oil industry will be a massive boon to its struggling economy. An analysis from Citigroup predicted that the U.S. would likely permit Tehran to boost exports by 500,000 barrels a day from the middle of the third quarter.

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