logo
Iran may pause enrichment if US unfreezes funds, recognizes nuclear rights: Report

Iran may pause enrichment if US unfreezes funds, recognizes nuclear rights: Report

Al Arabiyaa day ago

Iran may pause uranium enrichment if the US releases frozen Iranian funds and recognizes Tehran's right to refine uranium for civilian use under a 'political deal' that could lead to a broader nuclear accord, Reuters reported on Wednesday, citing two Iranian official sources.
The sources, close to the negotiating team, said on Wednesday a 'political understanding with the United States could be reached soon' if Washington accepted Tehran's conditions. One of the sources said the matter 'has not been discussed yet' during the talks with the United States.
The sources told Reuters that under this arrangement, Tehran would halt uranium enrichment for a year, ship part of its highly enriched stock abroad or convert it into fuel plates for civilian nuclear purposes.
A temporary pause to enrichment would be a way to overcome an impasse over clashing red lines after five rounds of talks between Iranian Foreign Minister Abbas Araghchi and Trump's Middle East envoy Steve Witkoff to resolve a decades-long dispute over Tehran's nuclear program.
US officials have repeatedly said that any new nuclear deal with Iran – to replace a failed 2015 accord between Tehran and six world powers – must include a commitment to scrap enrichment, viewed as a potential pathway to developing nuclear bombs.
The Islamic Republic has repeatedly denied such intentions, saying it wants nuclear energy only for civilian purposes, and has publicly rejected Washington's demand to scrap enrichment as an attack on its national sovereignty.
In Washington, a US official told Reuters the proposal aired by the Iranian sources had not been brought to the negotiating table to date. The US State Department did not immediately respond to requests for comment on this article.
Iran's semi-official Fars news agency said Iranian foreign ministry spokesman Esmaeil Baghaei denied the Reuters report and said 'enrichment in Iran is a non-negotiable principle.'
The Iranian sources said Tehran would not agree to dismantling of its nuclear program or infrastructure or sealing of its nuclear installations as demanded by US President Donald Trump's administration.
Instead, they said, Trump must publicly recognize Iran's sovereign right to enrichment as a member of the nuclear Non-Proliferation Treaty and authorize a release of Iranian oil revenues frozen by sanctions, including $6 billion in Qatar.
Iran has not yet been able to access the $6 billion parked in a Qatar bank that was unfrozen under a US-Iranian prisoner swap in 2023, during US President Joe Biden's administration.
'Tehran wants its funds to be transferred to Iran with no conditions or limitations. If that means lifting some sanctions, then it should be done too,' the second source said.
The sources said the political agreement would give the current nuclear diplomacy a greater chance to yield results by providing more time to hammer out a consensus on hard-to-bridge issues needed for a permanent treaty.
'The idea is not to reach an interim deal, it would (rather) be a political agreement to show both sides are seeking to defuse tensions,' said the second Iranian source.
Western diplomats are skeptical of chances for US-Iranian reconciliation on enrichment. They warn that a temporary political agreement would face resistance from European powers unless Iran displayed a serious commitment to scaling back its nuclear activity with verification by the UN nuclear watchdog.
Even if gaps over enrichment narrow, lifting sanctions quickly would remain difficult. The US favors phasing out nuclear-related sanctions while Iran demands immediate removal of all US-imposed curbs that impair its oil-based economy.
Asked whether critical US sanctions, reimposed since 2018 when Trump withdrew Washington from the 2015 pact, could be rescinded during an enrichment pause, the first source said: 'There have been discussions over how to lift the sanctions during the five rounds of talks.'
Dozens of Iranian institutions vital to Iran's economy, including its central bank and national oil company, have been sanctioned since 2018 for, according to Washington, 'supporting terrorism or weapons proliferation.'
Iran's clerical establishment is grappling with mounting crises – energy and water shortages, a plunge in the value of its currency, losses among regional militia proxies in wars with Israel, and growing fears of an Israeli strike on its nuclear sites – all exacerbated by Trump's hardline stance.
Trump's revival of a 'maximum pressure' campaign against Tehran since he re-entered the White House in January has included tightened sanctions and threats to bomb Iran if current negotiations yield no deal.
Iranian officials told Reuters last week that Tehran's leadership 'has no better option' than a new deal to avert economic chaos at home that could jeopardize clerical rule.
Nationwide protests over social repression and economic hardship in recent years met with harsh crackdowns but exposed the Islamic Republic's vulnerability to public discontent and drew more Western sanctions over human rights violations.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US-China tariff talks ‘a bit stalled,' needs Trump, Xi input, Bessent says
US-China tariff talks ‘a bit stalled,' needs Trump, Xi input, Bessent says

Arab News

time2 hours ago

  • Arab News

US-China tariff talks ‘a bit stalled,' needs Trump, Xi input, Bessent says

US trade talks with China are 'a bit stalled' and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, US Treasury Secretary Scott Bessent said on Thursday. Two weeks after breakthrough negotiations led by Bessent that resulted in a temporary truce in the trade war between the world's two biggest economies, Bessent told Fox News that progress since then has been slow, but said he expects more talks in the next few weeks. 'I believe we may at some point have a call between the president and party Chair Xi,' Bessent said. 'Given the magnitude of the talks, given the complexity ... this is going to require both leaders to weigh in with each other,' he said. 'They have a good relationship, and I am confident that the Chinese will come to the table when President Trump makes his preferences known.' The US-China agreement to dial back triple-digit tariffs for 90 days prompted a massive relief rally in global stocks. But it did nothing to address the underlying reasons for Trump's tariffs on Chinese goods, mainly longstanding US complaints about China's state-dominated, export-driven economic model, leaving those issues for future talks. Since the mid-May deal, the Trump administration has concentrated on tariff negotiations with other major trading partners, including India, Japan and the European Union. Trump last week threatened 50 percent tariffs on EU goods, only to delay that threat. A US trade court on Wednesday ruled that Trump overstepped his authority in imposing the bulk of his tariffs on imports from China and other countries under an emergency powers act. But less than 24 hours later, a federal appeals court reinstated the tariffs, saying it was pausing the trade court ruling to consider the government's appeal. The appeals court ordered the plaintiffs to respond by June 5 and the administration to respond by June 9. Bessent said earlier that some trading partners, including Japan, were negotiating in good faith and that he detected no changes in their postures as a result of the trade court ruling. Bessent said he would meet with a Japanese delegation on Friday in Washington.

Unilever's Ben & Jerry's calls war in Gaza a ‘genocide'
Unilever's Ben & Jerry's calls war in Gaza a ‘genocide'

Arab News

time4 hours ago

  • Arab News

Unilever's Ben & Jerry's calls war in Gaza a ‘genocide'

NEW YORK: The independent board of Ben & Jerry's said the ongoing conflict in Gaza is a genocide, setting up the ice cream maker for another tussle with its London-based corporate parent Unilever. 'Ben & Jerry's believes in human rights and advocates for peace, and we join with those around the world who denounce the genocide in Gaza,' the board said in a statement viewed by Reuters. 'We stand with all who raise their voices against genocide in Gaza-from petition-signers to street marchers to those risking arrest.'

Saudi crown prince, Canadian prime minister discuss bilateral relations
Saudi crown prince, Canadian prime minister discuss bilateral relations

Arab News

time4 hours ago

  • Arab News

Saudi crown prince, Canadian prime minister discuss bilateral relations

RIYADH: Crown Prince Mohammed bin Salman and Canadian Prime Minister Mark Carney shared a call on Thursday and discussed bilateral relations. The pair also reviewed the situation in the Middle East, agreeing on the need for sustainable peace in the region. Carney was victorious in a May election after taken over as prime minister in March following the resignation of his predecessor Justin Trudeau. The crown prince and Carney discussed energy security and deepening trade between Riyadh and Ottawa, according to a readout from the Canadian premier's office. Both leaders agreed to remain in close contact, it read.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store