image

Iran, major world powers reach historic nuclear deal

by IBNS 14 Jul 2015, 11:28 am

Vienna, Jul 14 (IBNS) In a historic nuclear deal that Iran reached with six major world powers Tehran has been granted sanctions relief in exchange for curbs on its nuclear programmes.

Media reports said the agreement aims to restrict Iran's nuclear work for more than a decade in exchange for the gradual suspension of sanctions that have hampered the country's oil exports, a major cornerstone of its economy. 

 
Iran's Foreign Minister, Mohammad Javad Zarif, and E.U.'s Foreign Policy Chief Federica Mogherini are expected to read a joint statement in this regard.
 
The foreign ministers of Britain, China, France, Germany, Russia and the United States met for about an hour just after midnight to complete the agreement, which has been under negotiation for more than one-and-a-half year.
 
Iran has been a suspect for using its civil nuclear programme for developing nuclear weapons, though Tehran has assiduously denied it.