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Iran hopes to start drafting nuclear deal Wednesday

Last Updated: Wednesday, June 18, 2014 - 14:05

Tehran: Iran hopes to start drafting a nuclear agreement with world powers Wednesday but accepts tough negotiations lie ahead on a raft of issues, one of its top negotiators said.

Abbas Araqchi said Iran still hoped its differences with the six powers can be settled by a July 20 target date for a comprehensive deal, but that it "won`t be a catastrophe" if the negotiations have to be extended for another six months.

The main sticking points are the timetable for a full lifting of crippling US and EU sanctions, and the scale to which Iran would be allowed to continue uranium enrichment, he told Iran`s official IRNA news agency.

We hope to start work on Wednesday on drafting the text of a final agreement, not the big issues but the general framework and the introduction," Araqchi said.

"There is a still a long way to go before we reach an agreement acceptable to all sides."

Iran and the six powers -- Britain, China, France, Russia and the United States, plus Germany -- opened a new round of talks in Vienna on Monday in the search for a deal by the July 20 deadline set by an interim agreement.

"We hope to reach an agreement between now and July 20," Araqchi said.

"But if we don`t, it won`t be a catastrophe," he added, referring to a clause in the interim agreement struck in November that allows for the talks to be extended.

Uranium enrichment is the sensitive process at the centre of Western concerns about Iran`s nuclear ambitions.

It can produce both fuel for nuclear power stations and, in highly extended form, the core of an atomic bomb.

First Published: Wednesday, June 18, 2014 - 14:05
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