Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Iran insists on lifting all sanctions in any nuclear deal: IRNA

Published 03/25/2015, 12:58 PM
Updated 03/25/2015, 12:58 PM
© Reuters. Iran's Foreign Minister Zarif departs his hotel to return to Iran following days of negotiations with United States Secretary of State Kerry over Iran's nuclear program

DUBAI (Reuters) - Any deal over Iran's nuclear program must involve the immediate lifting of all sanctions, Iran's foreign minister said on Wednesday, showing no sign of compromise on a major hurdle in world power negotiations.

"This is the position that the government has insisted on from the start," Mohammad Javad Zarif was quoted by the official IRNA news agency as saying.

Iran wants all the sanctions imposed by the United Nations, European Union and United States on its energy and financial sectors removed at once if there is a deal, while Western powers want them dismantled gradually.

The speed of lifting sanctions is one of the elements being discussed by Iran and the six major powers -- the United States, Britain, France, Germany, Russia and China. Their talks over Iran's disputed nuclear ambitions are due to resume this week.

Supreme Leader Ayatollah Ali Khamenei, who has the last word on all matters of state in the Islamic Republic, said last week that the immediate lifting of sanctions must be a part of any nuclear accord.

Western officials have consistently rejected that demand, with a senior European negotiator last week reiterating that this was "out of the question".

    This week's negotiations are expected to kick off with a meeting between Zarif and U.S. Secretary of State John Kerry on Thursday.

The major powers are pushing for a political framework agreement by March 31 that would pave the way for a comprehensive deal with Iran by June 30 under which it would curb sensitive nuclear activities for at least a decade in exchange for an end to sanctions that have crippled its economy.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

A senior Iranian nuclear negotiator, Hamid Baidinejad, said the remaining sticking points were "inter-related".

"It's not going to be a situation where the sanctions are first stopped and then we talk about other issues," the semi-official Fars news agency quoted Baidinejad as saying. "Everything must be resolved together."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.