The International Atomic Energy Agency (IAEA) released a report on Iran’s Nuclear Programme on 20 July 2014. The report revealed that Iran has eliminated its stockpile of enriched uranium in accordance to the interim Geneva deal.
Geneva deal was signed between Iran and P5+1 countries in November 2013 and it came into effect in January 2014.
The report further said that Iran has turned all of its enriched uranium (enriched up to 20 percent) closest to the level needed to make nuclear arms into more harmless forms, that is, uranium enriched up to 5 percent.
The IAEA report came just after the extension of deadline for meeting the objectives of interim Geneva deal by another four months. The extension came during the negotiations between Iran and P5+1 countries in Vienna, Austria on 18 July 2014. As a result of this extension, Iran would further get 2.8 billion dollars of its frozen funds.
However, world powers still feel that the level of enriched uranium possessed by Iran can still be converted into weapons of mass destruction. During the time of signing the Geneva deal in November 2013, Iran was in possession of 200 kilograms of highly enriched uranium.
The Primary Dispute
The primary dispute is regarding the enriched uranium up to 20 percent which is capable of developing fissile core and reactor fuel for the nuclear warheads. Until the third week of July 2014, Iran demanded to be allowed to expand the enrichment program for a period of next eight years to such a level so that it would need around 190000 current-model enriching centrifuges. Now, it possesses 20000 centrifuges, out of which half are already operating. However, Iran indicated that it was ready to seal those now. The US, on the other hand revolted that 10000 in number was also too high.
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