2014-11-25 08:57:00

Iran, world powers fail to reach agreement in nuclear talks


(Vatican Radio) Iran and six powers failed on Monday for a second time this year to resolve their 12-year stand-off over Tehran's nuclear ambitions, and gave themselves seven more months to clinch an historic deal.

Western officials said they were aiming to secure an agreement on the substance of a final accord by March but that more time would be needed to reach a consensus on the all-important technical details.

Under an interim deal reached by the six powers and Iran a year ago in Geneva, Tehran halted higher-level uranium enrichment in exchange for a limited easing of the financial and trade sanctions which have badly damaged its economy, including access to some frozen oil revenues abroad.

Monday marked the second time a self-imposed deadline for a final settlement has passed without any deal. British Foreign Secretary Philip Hammond told reporters that the target date had been extended to June 30, 2015.








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