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Iran agrees not to enrich uranium more than 3.67% within 15 years — draft

July 14, 2015, 11:36 UTC+3

All enrichment and research activities will be conducted solely at the Natanz facility

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© AP Photo/IRNA, Kazem Ghane

VIENNA, July 14. /TASS/. Iran has agreed not to enrich uranium more than 3.67% for 15 years, says the draft comprehensive agreement reached by a group of six world powers and Iran. The text was obtained by TASS.

All enrichment and research activities will be conducted solely at the Natanz facility. The Fordow facility will conduct neither enrichment nor research activities. Nor will it store nuclear materials.

The development of the research center at Fordow will be overseen by a joint venture of Russia and Iran

Two cascades [of centrifuges] will spin without uranium and will be transitioned, including through appropriate infrastructure modification, for stable isotope production," the document says. It notes that the work will be conducted by a joint Russian-Iranian venture on the basis of the bilateral agreement to be reached later.

The document also limits the power of Iran's Arak heavy-water research reactor to 20 MWt.

Iran's low-enriched uranium reserves should not exceed 300 kg in 15 years. The surplus enriched uranium may be sent to the IAEA fuel bank in Kazakhstan.

The deal between Iran and six world powers will come into force 90 days after the date of adoption of the United Nations Security Council’s resolution

The draft also says the UN Security Council's new resolution on Iran, six powers will be in force for 10 years.

According to the document, Iran will consider the return of the UN Security Council sanctions will be perceived by Iran as an excuse for withdrawing from the deal with a group of the six world powers.

"Iran declares that, if sanctions are restored in full or in part, Iran will regard this as the basis for stopping the fulfillment of its obligations under the agreement in full or in part," the document says.

Iran and the six world powers will meet at least once every two years to monitor implementation of the nuclear deal reached in Vienna on Tuesday.

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