The Star Online: World Updates
The Star Online: World Updates |
- Kerry says nuclear deal makes Mideast nations, Israel safer
- Iran to get access to billions of dollars under atom deal - U.S.
- Obama says Iran nuclear deal first step toward comprehensive solution
| Kerry says nuclear deal makes Mideast nations, Israel safer Posted: GENEVA (Reuters) - An agreement between Iran and major powers would make it harder for Iran to make a dash to build a nuclear weapon and would make Israel and other U.S. allies safer, U.S. Secretary of State John Kerry said on Sunday. Speaking after the agreement was struck between Iran and six major powers, Kerry also said that while U.S. President Barack Obama would not take off the table the possible use of force against Iran, he believed it was necessary first to exhaust diplomacy. Addressing one of the most contentious issues in the 10-year nuclear standoff, Kerry said that the deal does not include any recognition of an Iranian "right" to enrich uranium. (Reporting By Arshad Mohammed) |
| Iran to get access to billions of dollars under atom deal - U.S. Posted: GENEVA (Reuters) - Under a nuclear deal Iran reached with six world powers early on Sunday Tehran can gain access to billions of dollars of revenues from limited sales of oil and petrochemicals and trade in gold and other precious metals, the United States said. In a fact-sheet the White House distributed on the interim agreement, Iran would receive sanctions relief in exchange for a suspension of some aspects of its nuclear program, including the following: - Potential access to $1.5 billion in revenue from trade in gold and precious metals and the suspension of some sanctions on Iran's auto sector, and Iran's petrochemical exports; - Allow purchases of Iranian oil to remain at their currently significantly reduced levels. "$4.2 billion from these sales will be allowed to be transferred in instalments if, and as, Iran fulfils its commitments," the fact-sheet said. (Reporting by Louis Charbonneau) |
| Obama says Iran nuclear deal first step toward comprehensive solution Posted: WASHINGTON (Reuters) - President Barack Obama said on Saturday that a deal between Iran and six major powers was an important first step toward a comprehensive solution to Iran's nuclear program. Obama, in a late-night appearance at the White House, said that if Iran did not meet its commitments during a six-month period, the United States would turn off sanctions relief and "ratchet up the pressure." Obama said Iran could not use its next-generation centrifuges under the deal and that the substantial limitations under the agreement "cut off Iran's most likely paths to a bomb." With Senate Democratic leader Harry Reid warning that the Senate will seek additional sanctions on Iran, Obama said his administration would consult closely with Congress, but "now is not the time to move forward on new sanctions." (Reporting by Steve Holland; Editing by Peter Cooney) |
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