Iran Sticking to Most Terms of Nuclear Accord, IAEA Reports

Iran has continued living up to its side of a nuclear bargain struck with world powers, according to a quarterly assessment published by United Nations inspectors.

The stockpile of enriched uranium in Iran didn’t rise above 300 kilograms (661 pounds) and nuclear inspectors received unimpeded access to Iran’s nuclear facilities, the International Atomic Energy Agency reported Wednesday. The IAEA said there was some “concern” that Iran’s stockpile of so-called heavy water, which moderates atomic reactions inside reactors, exceeded agreed limits by less than 0.001 percent, or about 1/10 of a metric ton.

“The agency continues to verify the non-diversion of declared nuclear material,” the IAEA wrote in a seven-page report delivered to its members. Inspectors “continued to evaluate” information and “to conduct complementary access” to sites, according to the Vienna-based agency.

It’s the IAEA’s fourth assessment of Iran’s nuclear program since the deal with six world powers -- China, France, Germany, Russia, the U.K. and U.S. -- took effect in January. While U.S. President Barack Obama has credited the agreement with averting a war, his successor has been more critical. President-elect Donald Trump said in March that his top foreign policy priority was to dismantle the “disastrous” nuclear deal with Iran.

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE