Friday 6 July 2018

Iran Access to Oil, Financial Markets Unresolved in Vienna Talks - Bloomberg

Iran Access to Oil, Financial Markets Unresolved in Vienna Talks - Bloomberg:

World powers agreed to keep looking for ways to ensure Iran gets the financial and energy benefits it signed up for under a landmark nuclear deal after they fell short of providing tangible guarantees sought by the Islamic Republic.

“The participants stressed their determination to effectively develop and implement practical solutions,” said European Union foreign policy chief Federica Mogherini, who convened the meeting on Friday in Vienna. Foreign ministers from China, France, Germany and Russia reiterated that Iran should be able to sell its oil and gain international banking access in return for sticking to nuclear limits imposed by the July 2015 accord.

Iranian Foreign Minister Mohammad Javad Zarif warned via Twitter before the meeting that countries needed to “forge practical solutions” rather than make “lofty and obscure promises.” Zarif said he’d transmit the commitments made in Vienna to senior Iranian leaders, according to remarks translated by the Center for Middle East Strategic Studies.

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