Monday 14 July 2014

Iran’s businesses fear more uncertainty as nuclear deadline looms - FT.com

Iran’s businesses fear more uncertainty as nuclear deadline looms - FT.com:



"Nuclear negotiations between Iran and the world’s six nuclear powers – the US, UK, France Russia, China and Germany – are in a race against time as they try to reach a permanent deal ahead of a July 20 deadline.



Despite the looming deadline, which was set in an interim agreement last year, the two sides remain far apart over substantial issues, notably around the scope of Tehran’s uranium enrichment capacity and the number of centrifuges it is permitted to operate.



The US has never publicly given a figure for the number of centrifuges that it would allow Iran to keep, but the administration would likely face stiff opposition from Congress if it agreed to as many as 10,000 centrifuges. Iran wants far more. Diplomats are sceptical that the two sides can close this gap without an extension of negotiations."



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