Q&A: Iran nuclear talks - FT.com:
"The Iran nuclear talks are an international diplomatic effort to permanently restrict Tehran’s ability to build a nuclear weapon in return for an end to the crippling sanctions that have brought the country’s economy to its knees. On the one side are the so-called P5+1 — the five permanent members of the UN Security Council plus Germany; the EU is also represented. On the other side is Iran.
Weren’t these talks supposed to finish last year?
Yes. The talks began in November 2013, when Iran and the P5+1 signed a landmark temporary accord that froze the Iranian nuclear programme, made some timid first steps to rewinding it and granted limited economic relief. The main achievement of the compact, however, was to set up a negotiating framework of six months, after which the P5+1 was supposed to have agreed a full, and permanent binding contract to the satisfaction of all sides. The six months expired in July 2014. It was extended a further four months, but in November, that also ended. Diplomats felt they had made sufficient progress to grant themselves another extension."
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