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Nation/World

April 18, 2014

UN: Iran cuts stock closest to nuke-arms grade

(Continued)

It already has received more than half of that amount in exchange for step-by-step implementation of the agreement and the U.S. State Department announced yesterday that — with the IAEA confirming that dilution was completed — another $450 million installment was being released.

Up to now, “all sides have kept the commitments” they signed on to, State Department spokeswoman Marie Harf told reporters in Washington.

The November deal between Iran and the six — the United States, Russia, China, Britain, France and Germany — is meant to lead to a comprehensive deal placing long-term caps on Iran’s enrichment program and other atomic activities in exchange for full sanctions relief. The two sides hope to reach agreement by July but can extend negotiations if both agree to do so.

Beyond its commitments to neutralize its 20-percent uranium stock, the IAEA report said that Iran also was complying with other obligations under the six-month interim plan, which restricts Tehran from expanding any activities that could be turned toward making a nuclear weapon.

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