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10 Apr 2015
Deal between Iran and P5+1 still faces headwinds – Danske Bank
FXStreet (Edinburgh) - Senior Analyst at Danske Bank Sverre Holbek reviewed the recent news from the nuclear talks between Iran and the world’s powers.
Key Quotes
“Iran’s Ayatollah casts doubt on terms of nuclear deal”.
“Just a week after the P5+1 nations and Iran presented a joint statement regarding Iran’s nuclear programme, important discrepancies on key issues emerged yesterday”.
“According to a statement from Iran’s supreme leader, all sanctions must be lifted at the same time as any final agreement is concluded”.
“In contrast, the position of the US and its Western allies has been for a gradual removal of the sanctions, conditional on Iran’s continued compliance”.
“While the Ayatollah’s comments may reflect negotiating tactics, they have cast doubts on whether an accord can be reached ahead of the 30 June deadline, and yesterday contributed to sending the price of Brent crude some 4% higher”.
Key Quotes
“Iran’s Ayatollah casts doubt on terms of nuclear deal”.
“Just a week after the P5+1 nations and Iran presented a joint statement regarding Iran’s nuclear programme, important discrepancies on key issues emerged yesterday”.
“According to a statement from Iran’s supreme leader, all sanctions must be lifted at the same time as any final agreement is concluded”.
“In contrast, the position of the US and its Western allies has been for a gradual removal of the sanctions, conditional on Iran’s continued compliance”.
“While the Ayatollah’s comments may reflect negotiating tactics, they have cast doubts on whether an accord can be reached ahead of the 30 June deadline, and yesterday contributed to sending the price of Brent crude some 4% higher”.