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Iran warned of ‘last chance’ in nuclear talks after deadline missed

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Iran warned of ‘last chance’ in nuclear talks after deadline missed

Reuters, Vienna, 20 July 2014 – Iran faced Western pressure on Saturday to make concessions over its atomic activities after it and six world powers failed to meet a July 20 deadline for a deal to end the decade-old dispute but agreed to keep talking.
But, the senior diplomat added: “We cannot accept that Iran stays at current levels of enrichment.”
The six powers want Iran to significantly scale back its uranium enrichment program to make sure it cannot produce nuclear bombs.
 “These few months until November could be the last and best chance for a long time to end the nuclear argument peacefully,” German Foreign Minister Frank-Walter Steinmeier said.
Under the terms of the extension of the negotiations, Iran will be able to access during this time a relatively small portion of an estimated more than $100 billion held abroad, in return for limits to its nuclear program.


The six-month deal – which allowed Iran to receive $4.2 billion – was designed to create time and space for the negotiation of a permanent agreement.
U.S. officials stressed that most sanctions against Iran would remain in place for now.
“Iran will not get any more money during these four months than it did during the last six months, and the vast majority of its frozen oil revenues will remain inaccessible …
“We will continue to vigorously enforce the sanctions that remain in place,” said U.S. Secretary of State John Kerry.
It remains uncertain whether four more months of talks will yield a final deal, since major underlying differences remain after six rounds of meetings since February.