INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Iran MP says to resume nuclear talks, awaits EU confirmation

Tehran insists its nuclear programme is for civilian purposes only. AFP
  • Foreign Minister Hossein Amir-Abdollahian said that talks with the 4+1 Group will restart on Thursday in Brussels
  • Biden has said he is ready to return to the 2015 agreement if the Islamic republic re-adheres to its nuclear commitments

Iran this week is to resume nuclear negotiations with world powers that have been suspended since June, an Iranian lawmaker said Sunday (Oct 17), but there was no immediate confirmation from the EU hosts.

Foreign Minister Hossein Amir-Abdollahian said that “talks with the 4+1 Group will restart on Thursday in Brussels”, MP Ahmad Alirezabeigui told the ultraconservative news agency Fars after a closed-door session with the minister.

The lawmaker was referring to four UN Security Council permanent members – Britain, China, France and Russia – along with Germany.

Iran and these five nations opened talks in Vienna in April with the European Union also attending, while the United States has taken part in indirect negotiations.

The United States, China, Russia, Germany, France and Britain struck an accord in Vienna with Iran on its nuclear programme in 2015.

But then president Donald Trump pulled the US out of the deal in 2018 and reimposed biting sanctions.

Since then, Teheran – which insists its nuclear programme is for civilian purposes only – has also retreated from many of its commitments under the accord.

Trump’s successor Joe Biden has said he is ready to return to the agreement if the Islamic republic re-adheres to its nuclear commitments.

The Vienna talks aimed at reviving the deal were suspended in June, when Iran elected ultraconservative Ebrahim Raisi as president.

EU envoy Enrique Mora was in Teheran Thursday to press for a firm date for resuming talks.

Teheran said following the discussions that Iran and the EU had agreed to hold further dialogue in Brussels within days.

The EU’s diplomatic chief Josep Borrell said Friday he was “ready” to meet Iranian leaders in Brussels as part of efforts to revive the faltering deal.

But a spokesperson for Borrell was unable to confirm “if and when” a meeting in Brussels would place.

“The goal remains to resume negotiations in Vienna as quickly as possible,” the spokesperson said.

Another Iranian lawmaker, Behrouz Mohebbi Najmabadi, said on Twitter Sunday that negotiations would resume “this week”.