Iran nuclear deal: Tehran to develop centrifuges for uranium enrichment

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A senior Iranian official familiar with the negotiations said: "France has offered the credit line of $15 billion but we are still discussing it".

Iran negotiated the nuclear pact with world powers in 2015, agreeing to significant restrictions on its atomic energy program in return for widespread sanctions relief.

In May, Iran started to break away with the restrictions, set by the nuclear deal, on the stockpile of its low-grade enriched uranium and its concentration, in response to USA exit from the deal previous year.

Tehran and Washington have been at loggerheads since May 2018 when Trump unilaterally withdrew the USA from the nuclear deal and began reimposing crippling sanctions.

"I see that it's unlikely a conclusion will be reached with Europe today or tomorrow", Rouhani said. Iran would continue with plans to breach the pact further and accelerate its nuclear activity, he added.

However late Wednesday, Rouhani made good on a declared intention to take one other step away from the multilateral deal signed with the everlasting 5 United Nations Safety Council powers and Germany (P5 1). "They've got a big problem", Trump said, referring to Iran's financial ordeal due to the high inflation.

He added that Iran did not achieve the desired result from talks with the remaining JCPOA parties, and will thus take the third step on Friday.

Deputy Foreign Minister Abbas Araqchi appeared to back its main terms on Wednesday.

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However, soon after, Iran's English-language Press TV issued a short report stating: "Iran has rejected a $15bn loan offered by European Union", without giving further details.

He is now in Slovenia to bargain with the Europeans over the details of a French initiative that offers Iran a $15 billion credit line for a period of four months.

In another development, Iran reacted to a report by the Dutch daily de Volkskrant, which revealed that an agent hired by the Netherlands' intelligence organization played the leading role in planting the notorious Stuxnet virus in computers operating Iran's Natanz enrichment facility back in 2007.

The United States also issued a new global shipping advisory about IRGC's use of "deceptive practices" to violate U.S. sanctions and warned those who do business with blacklisted entities that they may suffer USA sanctions.

Iran's parliament has approved some new measures against funding terrorism under pressure to adopt global standards.

The loan was part of a European effort led by France to persuade Iran to commit to the nuclear deal fully.

"Either Europe has to buy oil from Iran or provide Iran with the equivalent of selling oil as a credit line guaranteed by Iran's oil revenue, " he said.

Government spokesman Ali Rabie said Iran would stick to its nuclear commitments "if France can get the approval of the USA and announces it".

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