News Hot Off the Wire: Framework for final deal reached at Iran nuclear talks

Framework for final deal reached at Iran nuclear talks


(Reuters) -- "....Iran and world powers reached a framework agreement on Thursday on curbing Iran's nuclear program for at least a decade after eight days of marathon talks in Switzerland.

The tentative agreement clears the way for talks on a future comprehensive settlement that should allay Western fears that Iran was seeking to build an atomic bomb and in return lift economic sanctions on the Islamic Republic.

U.S. President Barack Obama said in a statement the outcome was a good deal, comparing it to nuclear arms control deals struck by his predecessors with the Soviet Union that "made our world safer" during the Cold War.

"Today, the United States, together with our allies and partners, has reached an historic understanding with Iran, which if fully implemented, will prevent it from obtaining a nuclear weapon," he declared.

Under the outline deal, Iran would shut down more than two-thirds of its centrifuges producing uranium that could be used to build a bomb, and dismantle a reactor that could produce plutonium and accept intrusive verification.

"Today we have taken a decisive step, we have reached parameters," EU foreign policy chief Federica Mogherini told a news conference. "The political determination, the good will of all parties made it possible.

"This is a crucial decision laying the agreed basis for the final text of joint comprehensive plan of action. We can now start drafting the text and annexes," said Mogherini, who has s acted as a coordinator for the six powers - Britain, China, France, Germany, Russia and the United States..."

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