18:23 GMT +317 October 2019
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    An Iranian policeman stands guard next to signed scrolls of paper at Tehran's Azadi Square (Freedom Square) on June 30, 2015, in support of the Iranian team pursuing a nuclear agreement with world powers

    EU Extends Suspension of Iran Sanctions for Week Amid Nuclear Talks

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    According to a statement of the European Council, the EU would extend suspension of sanctions against Iran in order to reach a long term solution to the Iranian nuclear issue.

    MOSCOW (Sputnik) — The European Union said Tuesday it would extend its suspension of sanctions against Iran for one week amid the ongoing negotiations in Vienna on the Islamic Republic's controversial nuclear program.

    "To allow more time for the ongoing negotiations to reach a long term solution to the Iranian nuclear issue, the Council has prolonged until 7 July 2015 the suspension of EU restrictive measures agreed in the Joint Plan of Action with Iran dated 24 November 2013," an European Council statement read.

    With the Tuesday deadline for a final deal with Tehran to set nuclear program guidelines in exchange for the gradual easing of sanctions expected to be rolled over, negotiating parties are ironing out the remaining points.

    At the center of this last round of talks in Vienna between the six world powers and Iran are the timing of sanctions relief and the mechanisms to ensure Tehran's compliance with the agreement.

    Media reports citing diplomats close to the talks said that the P5+1 group and Iran are more likely to ink the deal by July 9, instead of the June 30 deadline.


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