Historic Nuclear Deal Reached: Iran Scores Victory

Local Editor

Major Powers and Iran struck a historic deal Tuesday, a diplomat close to the talks said.

The breakthrough came on the 18th day of marathon talks between Tehran and the so-called P5+1 -- the United States, Russia, China, Britain, France and Germany in Vienna.

"The agreement is concluded," the diplomat said in the Austrian capital, where a final ministerial meeting between Iran and the world powers was called.

EU spokeswoman Catherine Ray said on Twitter that a press conference would follow.

The web of UN and Western sanctions choking Iranian oil exports and the economy of the 78-million-strong country would be progressively lifted.

The diplomatic push began when Iranian President Hassan Rouhani came to power in 2013. In November that year an interim deal was agreed but two deadlines in 2014 for a lasting accord were missed.

Then in April, the parties scored a major breakthrough by agreeing the main outlines of an accord, aiming to finalise it by June 30, and a deadline since pushed back twice.

Since April, legions of legal and technical experts have made great strides working out the nuts and bolts of how the highly ambitious and technical agreement will work.

The final hurdles had included the exact timing and pace of sanctions relief and Iran's desire to have a UN arms embargo lifted.

Foreign ministers including US Secretary of State John Kerry huddled late into the night at Vienna's Palais Coburg.

China's Foreign Minister Wang Yi told reporters as he arrived on Monday that there should be "no more delays", adding that no deal could be "perfect".

Also present were Russian Foreign Minister Sergei Lavrov and his counterparts from Britain, France and Germany -- Philip Hammond, Laurent Fabius and Frank-Walter Steinmeier.

"We are heading toward a bad deal, and in the period after it we will of course have to continue preparing to protect ourselves on our own," "Israeli" War Minister Moshe Yaalon said on Monday.

Source: News Agencies, Edited by website team