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Scoop: U.S. considers $20 billion cash-for-uranium deal with Iran

Scoop: U.S. considers $20 billion cash-for-uranium deal with Iran

Summary

The U.S. and Iran are discussing a deal where the U.S. would release $20 billion of frozen Iranian money in exchange for Iran giving up its enriched uranium stockpile. Talks, mediated by Pakistan with support from Egypt and Turkey, aim to end the conflict, but key differences remain, especially on nuclear issues and terms of money use.

Key Facts

  • The U.S. and Iran are negotiating a plan to end the war involving a possible $20 billion cash release to Iran.
  • Iran would give up nearly 2,000kg of enriched uranium, including 450kg at 60% purity.
  • The U.S. wants to prevent Iran from accessing this uranium, while Iran wants access to its frozen assets.
  • Earlier talks saw the U.S. offer $6 billion for humanitarian needs; Iran demanded $27 billion; now $20 billion is proposed.
  • A compromise includes sending some uranium to a third country and down-blending some under international monitoring.
  • The deal would include a voluntary moratorium on nuclear enrichment, with Iran suggesting 5 years and the U.S. wanting 20 years.
  • Iran’s underground nuclear facilities would remain out of use, and all nuclear facilities would be above ground.
  • Pakistan is mediating the talks, with support from Egypt and Turkey; the next talks may take place soon in Islamabad.
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