India welcomed deal on Iran's Nuclear Programme

India on 24 November 2013 welcomed the prospect of resolution of issues related to Iran's controversial nuclear programme.

Created On: Nov 26, 2013 11:40 ISTModified On: Dec 17, 2013 16:07 IST

India on 24 November 2013 welcomed the prospect of resolution of issues related to Iran's controversial nuclear programme through dialogue and diplomacy after Iran agreed to curb it under a deal with P5+1 Group of Nations.

Syed Akbaruddin, spokesman of the Ministry of External Affairs,Government of India announced the statement in this regard.

About Iran's Nuclear Deal

After four days of negotiations, representatives the US, the UK, Russia, China, France and Germany (P5+1 group of nations) reached an agreement with Iran at Geneva to slow its controversial nuclear programme in return for about 7 billion Dollars in sanctions relief.

Under the deal, Iran agreed to give better access to inspectors and halt some of its work on uranium enrichment. But Iranian negotiators insisted they still had a right to nuclear power.  In return, there will be no new nuclear-related sanctions on Iran for six months.

Under the deal, Iran will also stop enriching uranium beyond 5 percent, the level at which it can be used for weapons research, and reduce its stockpile of uranium enriched beyond this point.

The agreement -described as an "initial, six-month" deal - could build trust and confidence between Iran and the international community and can lead to a durable and long-term settlement of the nuclear issue.

Indian Point of view

The agreement is consistent with India's position that the issue should be resolved diplomatically on the basis of recognition of Iran's right to peaceful use of nuclear energy and in accordance with its international obligations as a non-nuclear weapon state.

Earlier, India had welcomed the earlier agreement reached on 11th November 2013 between Iran and the IAEA on practical measures for enhanced IAEA verification activity at Iranian nuclear sites.

However, sanctions on oil exports from Iran will continue, affecting India and other countries.

India has slashed import of crude oil from Iran by over 26.5 percent in the financial year ended 31st March 2013 as US and European sanctions made it difficult to ship oil from the Persian Gulf nation.

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