U.S. Secretary of State John Kerry sits between Chinese Foreign Minister Wang Yi and French Foreign Minister Laurent Fabius at the United Nations Headquarters after the P5+1 member nations concluded a nuclear deal with Iran in Geneva, Switzerland.
(Worthy News)-- Iran stands to reap a windfall gain of about 25 per cent of its entire economy if $100 billion of frozen assets are released under a nuclear deal, the Telegraph reported.
This sum is likely to be unlocked - in whole or in part - if America and Iran meet Tuesday's deadline for a final agreement that would settle the confrontation over Tehran's nuclear program.
"We have never been closer to a lasting outcome," said Mohammad Javad Zarif, the Iranian foreign minister, who is holding daily meetings with John Kerry, the US secretary of state, in Vienna.
Given the likelihood of a nuclear deal in the coming days, Iran's rivals are voicing their fears about what Tehran might do with an extra $100 billion. Privately, one official from a Gulf state asked a Western counterpart whether Iran's ability to sponsor armed groups was about to be "turbo-charged". --Source
Copyright 1999-2017 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.