Iran diplomatic source says Tehran, P5+1 reached nuclear deal

[unhappycamper]

http://atimes.com/2015/07/irans-zarif-says-no-nuke-deal-expected-monday/

Iran diplomatic source says Tehran, P5+1 reached nuclear deal
AT Editor on July 13, 2015

Iran and the P5+1 Group have come to a final agreement on Tehran’s nuclear program after over two weeks of strenuous talks, an Iranian diplomatic source told Sputnik on Tuesday.

“In general, that’s it,” the diplomatic source close to the negotiations said responding to whether a deal has been reached. “I congratulate all Iranians. Iran and the P5+1 will announce a comprehensive agreement by 13:00 Tuesday.” The source added the final formal checks are continuing.

Terms of agreement

The agreement envisages that the UN arms embargo against Iran will remain for another five years. US missile sanctions will stay intact for another eight years. The EU will lift economic and financial sanctions simultaneously with the IAEA verification of Iran fulfilling all agreed steps.

The new resolution will be presented to the UN Security Council for approval immediately after negotiations end. Tehran agreed not to enrich uranium over 3.67 percent for 15 years. Fordo has to be turned into a technological center and its centrifuges will be used for the production of isotopes. In compliance with a ‘snapback’ plan, sanctions may be renewed within 65 days if Iran violates the agreement.