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Iran nuclear talks end without preliminary agreement

Negotiations with Iran ended on Wednesday with all parties failing to come to an agreement on key issues including the lifting of UN sanctions, reports Reuters.

The US, UK France, Germany, Russia and China were all involved in 7 days of negotiations to curtail Iran’s capacity of developing nuclear weapons, in exchange for easing of international sanctions.

Though Russia expressed optimism, of a future initial agreement, France’s foreign minister returned to Paris citing that things had not advanced enough for an “immediate dealt.”

The British Foreign Secretary Phillip Hammond, speaking to British press, said,

“I think we have a broad framework of understanding, but there are still some key issues that have to be worked through.”

Speaking on Iranian state television, a senior Iranian negotiator Abbas Araqchi, said, “We hope to wrap up the talks by Wednesday night…We insist on lifting of financial, oil and banking sanctions immediately… for other sanctions we need to find a framework.”

The US threatened to walk away if no future framework was produced from the current talks. The threats came after the US administration committed to meeting an end of March deadline for a tentative agreement and a public statement on progress that had been made so far. US congress has also threatened further sanctions on Iran should a preliminary deal fail to be reached.

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