(Reuters) - Iran has halted its most sensitive nuclear operations under a preliminary deal with world powers, winning some relief from economic sanctions on Monday in a ground-breaking exchange that could ease a threat of war.
The United States and European Union both suspended some trade and other restrictions against the OPEC oil producer after the United Nations' nuclear watchdog confirmed that Iran had fulfilled its side of an agreement made on November 24.
The announcements, which coincided with a diplomatic row over Iran's role at peace talks on Syria, will allow six months of negotiation on a definitive accord that the West hopes can end fears of Tehran developing nuclear weapons and Iran wants to end sanctions that are crippling its economy.
Iranian officials hailed a warming of ties that will also see their new president make a pitch to international business leaders at Davos later this week: "The iceberg of sanctions against Iran is melting," the head of Iran's Atomic Energy Organisation, Ali Akbar Salehi, told Iranian state television..."
Tuesday, January 21, 2014
"The iceberg of sanctions against Iran is melting..."
Posted by G, M, Z, or B at 11:36 AM