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| Both Iran and World Leaders claim some gains in current Nuclear deal |
Paris: French Foreign minister Laurent Fabius has indicated that some of the sanctions over Iran may be lifted which resulted due to recent deal over Iran's nuclear programme with world powers.
Due to the six months deal in Geneva, oil prices in international market fall sharply.
The E.U foreign ministers will meet with in few weeks to put forward the proposal to lift the some of the sanctions over Iran which will be approved by 28-members bloc.
On the other hand, Israel and Saudi Arabia has shown their reservations over the deal and President Obama in a telephone conversation with Israeli Prime Minister Benjamin Netanyahu expressed Israeli concerns and promised to consult its close allies over the deal.
Germany, France, UK, China, US and Russia took part in the talks with Iran which were hosted by EU Foreign Policy Chief Catherine Ashton.
Key Points of the deal
- Iran is to stop Enriching Uranium beyond 5%.
- Iran to give greater access to inspectors including key nuclear sites of Natanz and Fordo .
- No further development of Arak plant which is believed to be used for Uranium enrichment.
- There will be no new sanctions over Iran.
- Some sanctions over Iran will be lifted related on Petrochemical, car manufacturing and Gold trading.
- Frozen oil sales assets of about will be transferred in instalments which will bring about $4.2 billions.
Iranian negotiators were welcomed as they arrived back in Tehran by hundreds of cheering supports.