A look at the deal between Iran, world powers


Save Story

Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

(AP) - Iran on Monday cut the connection to centrifuges enriching uranium at one of its nuclear facilities, beginning the implementation of its deal with six world powers.

Here's a look at the terms of the deal, as recently announced by the White House:

___

What Iran has committed to do:

_Halt production of near 20 percent enriched uranium and disable the centrifuge process used to produce it.

_Start neutralizing its near 20 percent enriched uranium stockpile.

_Refrain from enriching uranium in nearly half of the installed centrifuges at its Natanz site and three-quarters of installed centrifuges at its Fordow site.

_Limit centrifuge production to what's needed to replace damaged machines.

_Refrain from building additional enrichment facilities or advancing research and development of enrichment.

_Refrain from commissioning, fueling or adding reactor components to its Arak reactor, and halt the production and additional testing of fuel for the reactor.

_Refrain from building a facility capable of reprocessing, which would allow Iran to separate out plutonium, which could be used to make nuclear bombs.

___

If Iran keeps its end of the bargain, the six nations and the EU have committed to:

_Suspend implementation of sanctions on Iran's petrochemical exports and sanctions on goods imported for use in its automotive industry.

_Suspend sanctions on Iran's import and export of gold and other precious metals.

_Pause efforts to further curtail Iranian crude oil purchases by six economies.

_Free up Iranian money to help pay the educational costs of young Iranians, many of whom are attending U.S. colleges and universities.

_Raise tenfold the ceilings for money transfers to and from Iran.

_Take actions to ease Iran's access to $4.2 billion in restricted Iranian funds in several installments.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Most recent World stories

Related topics

The Associated Press
    KSL.com Beyond Series
    KSL.com Beyond Business

    KSL Weather Forecast

    KSL Weather Forecast
    Play button