Don’t miss the latest developments in business and finance.

'Yes or no' time as Iran nuclear talks near deadline

Image
AFP Lausanne
Last Updated : Mar 30 2015 | 10:22 PM IST
Foreign ministers from major powers raced against the clock today on the eve of a deadline to nail down the final pieces of a framework deal aimed at putting any Iranian nuclear bomb out of reach.
Adding to the drama, Russian Foreign Minister Sergei Lavrov left the crunch talks with Iran in Switzerland after a series of meetings, Russian media reported.
He will only return if there is a "realistic" chance of a deal, his spokeswoman said earlier.
Lavrov and his counterparts from the United States, China, Britain, France and Germany met with the Iranians in a lakeside Lausanne hotel today for their first full session since missing a previous November deadline.
A Western diplomat said it was "yes or no" time, adding that the talks remained blocked on three major issues -- the length of the accord, the lifting of UN sanctions and a mechanism to ensure both sides stick to the deal.
Global powers have set a midnight Tuesday deadline to agree the outlines of a deal that they will then try to finalise by June 30. Only then would Iran receive sanctions relief, diplomats said.

More From This Section

The global powers want Iran to scale back its nuclear programme to give the world ample notice of any dash to make the bomb and end a crisis that has threatened to escalate dangerously for 12 years.
The diplomatically-isolated Islamic republic denies wanting atomic weapons and is calling for the lifting of sanctions that have strangled its lifeblood oil exports and its access to the global financial system.
The threat of new US sanctions, and domestic pressure on Iranian President Hassan Rouhani for his attempts at rapprochement with the West, all but rule out any further extension of the deadline.
"We had a very important meeting, and detailed discussions," Iran's lead negotiator Abbas Araghchi said, while insisting "we have solutions" for most of the remaining issues.
Even before a deal is sewn up, opponents have railed against it, fearing it will not do enough to stop Iran getting the bomb.
These include US President Barack Obama's Republican opponents and Israel, widely believed to be the sole, if undeclared, nuclear-armed power in the Middle East.
Saudi Arabia -- leading an Arab coalition which today carried out a fifth straight night of air strikes on Iran-backed rebels in Yemen -- is also uneasy about any thawing in US-Iran ties.
Israeli Prime Minister Benjamin Netanyahu, in his second broadside in two days, said Monday a deal would be tantamount to Tehran being "rewarded" for its "aggression" in Yemen.
Western diplomats say some areas in a highly complex jigsaw puzzle are tentatively agreed. But they caution there is a long way to go.

Also Read

First Published: Mar 30 2015 | 10:22 PM IST

Next Story