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Sunday, January 12, 2014

Iran nuclear deal to take effect January 20 - Yahoo News

Iran nuclear deal to take effect January 20 - Yahoo News
JohnButts@JBMedia - Reports:
Iran and the United States said Sunday that a landmark deal Tehran struck with world powers on its disputed nuclear programme will take effect from a January 20 target date.
Under the deal reached in November, Tehran agreed to curb parts of its nuclear drive for six months in exchange for receiving modest relief from international sanctions and a promise by the so-called P5+1 powers not to impose new measures against its hard-hit economy.
"Both sides reached the same interpretation on how to implement the agreement and the first step will be executed from January 20," Iran's chief nuclear negotiator Abbas Araqchi said, quoted by IRNA news agency.
The White House was quick to confirm the news but President Barack Obama warned there was still a rough road ahead before a comprehensive solution can be nailed.
"Beginning January 20th, Iran will for the first time start eliminating its stockpile of higher levels of enriched uranium and dismantling some of the infrastructure that makes such enrichment possible," it said.
Obama said in the same statement: "With today's agreement, we have made concrete progress. I welcome this important step forward, and we will now focus on the critical work of pursuing a comprehensive resolution that addresses our concerns over Iran's nuclear programme.
"I have no illusions about how hard it will be to achieve this objective, but for the sake of our national security and the peace and security of the world, now is the time to give diplomacy a chance to succeed."
After two days of exhaustive talks, Iran and the European Union agreed Friday on how to implement the deal on containing Tehran's nuclear programme.
The EU represents the P5+1 -- Britain, China, France, Germany, Russia and the United States -- in the decade-long nuclear negotiations.
New generation nuclear centrifuges
On Friday Araqchi had said solutions were found for unspecified points of disagreement but that each country must approve the deal for it to take effect.
On Sunday IRNA quoted him as saying: "Finally today we reached an agreement with P5+1 on how to implement the first phase of the agreement."
"The agreement and solutions we found in Geneva were accepted by six countries and on this side, the relevant bodies made the necessary evaluation and also gave them their approval," the website of state television quoted him as saying.
Iran and world powers have held several sessions of talks in Vienna and Geneva to fine-tune the deal in the past weeks and the target date of January 20 was reached at the last round in Geneva.
Diplomats said there were three main hurdles at the last session of negotiations, namely over a new generation of Iranian nuclear centrifuges which could potentially enable Tehran to purify uranium to a weapons-grade level.
Western nations and Israel have long suspected Iran of pursuing a nuclear weapons capability alongside its civilian programme, charges Tehran strenuously denies.
Iran's nuclear chief Ali Akbar Salehi defended Tehran's "right" to carry out reasearch on advanced centrifuges.
"Advanced centrifuges, which are Iran's right (to use), were one of the points of disagreement raised by the other party," Salehi was quoted as saying by Fars news agency.
In August, Iran said it has about 19,000 centrifuges, including 1,000 of new P-2 generation, confirming figures from the UN watchdog overseeing its nuclear drive.
Among the main points of the November deal, Iran agreed it will not enrich uranium over five percent for the duration of the six months and committed to neutralise its entire stockpile of uranium enriched to 20 percent.
It also agreed to allow daily site inspections of its Fordo and Natanz enrichment facilities by experts from the UN nuclear watchdog IAEA as well as hand over information about the design of the Arak reactor.
In return, the P5+1 said it will ease sanctions in what the White House has described as a "limited, temporary, targeted, and reversible" manner to the tune of about $7 billion.
Meanwhile an agreed amount of revenue from sanctioned Iranian oil sales abroad would be repatriated.
The latest round of talks in Geneva came as Iranian President Hassan Rouhani voiced concern at the slow pace of implementation and called on the countries to respect their commitments.

Iraq's Maliki threatens to cut funds if Kurds pipe oil to Turkey - Yahoo News

Iraq's Maliki threatens to cut funds if Kurds pipe oil to Turkey - Yahoo News
JohnButts@JBMedia - Reports:
Iraqi Prime Minister Nuri al-Maliki threatened on Sunday to cut Kurdistan's share of the federal budget if the autonomous region exports oil to Turkey via a new pipeline without central government consent.
The Kurdistan Regional Government said last week that crude had begun to flow to Turkey and exports were expected to start at the end of this month and then rise in February and March.
"This is a constitutional violation which we will never allow, not for the (Kurdistan) region nor for the Turkish government," Maliki told Reuters in an interview.
He reiterated Baghdad's insistence that only the central government has the authority to manage Iraq's energy resources.
"Turkey must not interfere in an issue that harms Iraqi sovereignty," Maliki said.
The central government and the Kurds differ over how to interpret the constitution and share revenue from the world's fourth-largest oil reserves. The Kurds are in theory entitled to 17 percent although they frequently complain they get less than that.
Maliki said the Kurds had not met their budgeted commitment to export 250,000 barrels per day of oil in 2013, with the revenue going to the national treasury, but that so far the government had not retaliated by reducing their share of the budget.
"We did not do that as we did not want to affect the Kurdish people and we were looking to find acceptable solutions...that would preserve national unity and the national wealth, but this year the situation looks difficult," Maliki declared.
Referring to a dispute over the costs of oil companies operating in Iraqi Kurdistan, he said: "We have been telling these companies...give us the oil and we will pay your costs, but they did not deliver, so there will be no payments."
Maliki said it was unfair to expect Baghdad to pay the oil firms' costs plus the Kurds' 17 percent budget share, when they had failed to meet their export target and oil revenue was not being channeled through the government.
Crude from Kurdistan used to be shipped to Turkey through a Baghdad-controlled pipeline, but exports via that channel dried up a year ago from a peak of around 200,000 bpd due to a row over payments for oil companies operating in the region.
Since then, the Kurds have been exporting smaller quantities of crude to Turkey by truck whilst laying their own independent pipeline, which was completed late last year.
Maliki met with Kurdish members of the Iraqi parliament later on Sunday and said he wanted to resolve the dispute through negotiation. A delegation from Kurdistan is due in Baghdad later this week to study the issue.
TURKISH ENVOY MEETING
Iraq's Deputy Prime Minister for Energy Hussain al-Shahristani summoned Turkey's consul in Baghdad on Sunday and reiterated his objection to Ankara's role in exports from Kurdistan.
Shahristani also said that Ankara had prevented representatives of the Iraqi oil ministry from supervising exports from Turkey's Mediterranean port of Ceyhan, as previously agreed.
"The government of Iraq holds the Turkish side legally responsibility for this act and reserves the right to demand compensated all damages resulted," Shahristani said in a statement.
Iraqi Kurdistan has prospered over the past decade, largely escaping the violence that has afflicted the rest of the country following the U.S. invasion that toppled Saddam Hussein.
Officials in Baghdad say the pipeline sets a dangerous precedent for other Iraqi provinces to pursue their own independent oil policies, potentially leading to the break-up of Iraq. U.S. officials have echoed that view.
Kurdish leaders publicly say they are committed to remaining part of a federal Iraq, rather than seeking secession, but oil is a highly sensitive issue in volatile relations with Baghdad.
Companies that have risked exploring for oil in Iraqi Kurdistan had welcomed its plans to pipe oil to Turkey as a signal they might begin to generate export income from their investments, despite Baghdad's objections.
Those companies include Gulf Keystone, Genel Energy, Norway's DNO, Hungary's MOL and Britain's Petroceltic and Afren.