Iranian diplomat says Iran, 6 major powers have reached nuclear deal

Iran and six leading world powers have reached a conclusive deal on the Iranian nuclear industry, an Iranian diplomat said as quoted by Reuters.

"All the hard work has paid off and we sealed a deal. God bless our people," the diplomat told Reuters on condition of anonymity. The breakthrough was confirmed by a European diplomat, who told TASS that it would be announced “soon. “It was difficult work. The arguing continued throughout the night. At times it was heated, with occasional shouting. But the result should be worth all of that,” a source in the German delegation told TASS.

The economic sanctions against Iran would be lifted immediately after verification of its compliance with the deal, reported RIA Novosti citing the draft agreement.

It also said the International Atomic Energy Agency (IAEA), UN's nuclear watchdog, has signed a separate agreement with Tehran on the military aspects of its nuclear activities.

Reuters leaked others details of the upcoming deal. The UN-imposed arms embargo against Iran is to remain in force for five years, while the restrictions on rocket technology exchange are to be kept for eight years it said, citing diplomatic sources.

The economic sanctions that are to be lifted could be restored within 65 days if Iran doesn't comply with the terms of the deal, the source added.

The Vienna agreement is to be ratified by the UN Security Council and come into force 90 days later.

Foreign ministers of the seven negotiating nations are to meet at the UN center in Vienna at 08:30 GMT, followed by a media conference, a spokeswoman for the European Union said.

http://rt.com/news/273496-iran-nuclear-deal-reached-/