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Nuclear talk on Iran issue to be held in Vienna
Feb 03, 2014

Fresh nuclear talks between Iran and P5+1 nations will occur in Vienna from February 18, 2014 that promise to encourage further lifting of sanctions and unlock foreign investment flows to the country.

The agenda of the talks will be to end sanctions against Iran, after it was verifiably confirmed that Tehran is not pursuing development of atomic weapons. A nuclear deal has already been signed in Geneva on November 24. It had laid out a technical plan concerning outstanding issues related to Iran’s atomic programme.

On January 20, Iran’s negotiating partners confirmed that Tehran had halted production of uranium enriched to 20 per cent level, paving the way for a partial lifting of sanctions.

The smooth conduct of inspections by experts of the International Atomic Energy Agency (IAEA), of some Iran’s major nuclear facilities, is further building up the momentum of confidence building.  The IAEA inspectors visited the Arak facility.

Anticipating a phased lifting of sanctions, western oil companies are already making hectic preparations to enter Iran’s lucrative oil and gas sector.


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