Iran will be offered easing of gold sanctions

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Published : February 16th, 2013
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Gulf News, in its February 16, 2013 article, reports that Iran will be offered easing of gold sanctions.

Extract :

 

 

 

 

Washington: Major powers plan to offer to ease sanctions barring trade in gold and other precious metals with Iran in return for Iranian steps to shut down the nation’s newly expanded Fordow uranium enrichment plant, Western officials said on Friday.


The officials said the offer is to be presented to Iran at February 26 talks in Almaty, Kazakhstan, and they acknowledged that it represents a relatively modest update to proposals that the six major powers put forward last year.


Speaking on condition of anonymity, the officials said their decision not to make a dramatically new offer in part reflected scepticism that Iran is ready to make a deal ahead of its June 14 presidential election.


The group, which includes Britain, China, France, Germany, Russia and the United States — and is known as the P5+1 — wants Iran to do more to prove that its nuclear programme is for only non-military purposes and to permit wider UN inspections.

 

 

Read the rest of the article at Gulf News
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