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22.07.2014 11:25
© Atomstroyexport
The EU Council has extended suspended sanctions against Iran till November 24, ITAR-TASS reported.
Negotiators from the U.S., Russia, China, Germany, France and the U.K. agreed with Iranian officials to continue talks at intervals until Nov. 24, U.S. Secretary of State John Kerry said in comments posted on the State Department website on July 18. The parties failed to reach the July 20 deadline for a deal ensuring Iran’s nuclear programme is peaceful in return for lifting sanctions. The constraints are hurting Iran’s economy by depriving it of income from its main export which is oil.
The two sides didn’t specifically address crude-export levels when announcing the decision to extend the period for talks. Terms of the extension agreement are similar to those in the previous six-month period, Catherine Ashton, European Union foreign policy chief, and Wan Qun, the Chinese envoy to the talks, said.
The U.S. lets six buyers - China, India, Japan, South Korea, Turkey and Taiwan - take crude from Iran, so long as that country’s total sales stay at about 1.1 million barrels a day. The target doesn’t include sales of condensate, Bloomberg reported.
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