Thursday, December 31, 2009

Iran Faces Nuclear Deal Deadline

Via aljazeera.net -

The deadline for Iran to agree to international demands that it ship its nuclear material abroad for enrichment is set to expire.

Iran has until Thursday to agree to the International Atomic Energy Agency (IAEA) proposal, designed to calm the fears of the US and its allies that Iran might use its nuclear programme to make a nuclear weapon.

Under the terms of the deal, Tehran would transfer its low-grade nuclear material abroad where it will be further enriched and returned to fuel a medical research reactor.

[...]

Kristen Saloomey, Al Jazeera's correspondent in New York, said efforts were under way to establish a multi-lateral approach to sanctions should Iran miss the deadline.

"Diplomatic sources tell Al Jazeera that the United States is considering a menu of sanctions," she said.

"Those could be imposed on Iran by the United Nations if they can get the entire five permanent, veto-wielding members of the Security Council to agree to them, or could be imposed unilaterally by the United States and by its European allies.

"As for what sanctions might be considered, the United States is reportedly looking at targeting the oil sector with an eye towards destabilising Iran's economy.

"Of course, it must tread very carefully here - it doesn't want to be seen as hurting the Iranian people or interfering in any way in Iran's domestic affairs."

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