Friday, March 29, 2024
HomeNEWSIRAN NEWS$10.5mn a year is UN estimate for Iran nuclear deal monitoring

$10.5mn a year is UN estimate for Iran nuclear deal monitoring

According to a confidential document obtained by the Associated Press the U.N.’s nuclear watchdog tasked with monitoring Iranian compliance with the July 14th nuclear deal says the work will cost about $10.5mn year, with the final tab amounting to nearly $160mn million euros over the life of the pact.
The document, drawn up for a special Tuesday meeting of the International Atomic Energy Agency, says the costs are calculated from the time the deal begins to be implemented. That will be some time after it is adopted Oct 18.
The IAEA document extrapolates the total cost of monitoring the deal — 138 million euros ($157 million) — by saying the estimated annual costs of 9.2 million euros ($10.47 million) “are foreseen as being applicable for 15 years.” That is the planned duration of the deal signed by Iran and six world powers aimed at crimping activities Tehran could use to make a nuclear weapon in exchange for sanctions relief.
Enough countries are expected to contribute to meet the IAEA request. A diplomat from a board member country said Monday that the United States, France, Britain and Germany — the four Western powers among the six that negotiated the Iran deal — already have committed to meeting at least some of the costs, along with others, including Japan, Finland, Australia, Canada, the Netherlands and New Zealand. He demanded anonymity because he is not allowed to discuss confidential information.
Russia and China, the other two nations at the table with Iran, also are expected to shoulder part of the extra expenditures.

RELATED ARTICLES

Selected

Latest News and Articles

Most Viewed

[custom-twitter-feeds]