BREAKING NEWS

Big powers to offer eased gold sanctions at Iran nuke talks

By REUTERS

FEBRUARY 15, 2013 19:20

WASHINGTON - Major powers plan to offer to ease sanctions barring trade in gold and other precious metals with Iran in return for Iranian steps to shut down the nation's newly expanded Fordow uranium enrichment plant, Western officials said on Friday.

The officials said the offer is to be presented to Iran at Feb. 26 talks in Almaty, Kazakhstan, and they acknowledged that it represents a relatively modest update to proposals that the six major powers put forward last year.

Speaking on condition of anonymity, the officials said their decision not to make a dramatically new offer in part reflected skepticism that Iran is ready to make a deal ahead of its June 14 presidential election.

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