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Iran, P5+1 not to have time for consolidating final document by November 24 - source

November 22, 2014, 20:07 UTC+3

“There seems to be few chances to reach an agreement by Monday,” he said

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VIENNA, November 22. /TASS/. Iran and P5+1, the six world powers /the UN Security Council five permanent members - Russia, China, France, the United States and the UK - and Germany/, will not be able to consolidate the final document by November 24, a source at the talks told TASS on Saturday.

“There seems to be few chances to reach an agreement by Monday,” he said.

The source said that “gaps in the positions on key issues remain substantial” and “the problems are the same - sanctions and (uranium) enrichment.”

Iran says it needs nuclear power to generate electricity, but Western powers led by the United States claim Iran’s eventual aim is to create nuclear weapons.

A plan of joint actions designed for a year that underlay the current negotiating process was agreed by Iran and the six international negotiators in Geneva on November 24, 2013. It in particular envisioned that Iran will get rid of half of accumulated uranium enriched to 20% and will dilute the second half to the 5-percent mark.

Besides, Tehran should stop enrichment of uranium to more than 5%, and halt work on enrichment enterprises in Natanz, Fordow and at the heavy-water reactor site in Arak.

In turn, the P5+1 members pledged not to impose new restrictions on export of Iranian oil, new sanctions and lift restrictions on exports of oil products and precious metals, as well as unfreeze part of Tehran’s foreign assets.

Implementation of agreements designed for six months started January 20, and the sides decided to draft a final agreement over the period. Over the six months, Iran complied with its commitments in full and had the sanctions regime against it eased.

But the sides failed to agree the document by July 20, and decided to shift the end date to November 24 - the provisional action plan's deadline. Iran committed itself to convert all 20-percent enriched uranium left to nuclear fuel.

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