Iran deal implementation to cost 8.2 million; IAEA asks member states to help pay
17 January 2014 19:13
VIENNA - The UN atomic watchdog said on Friday it needed extra money from member states to fund the 6 million euro ($8.2 million) cost of verifying a landmark nuclear agreement between Iran and six world powers.
The International Atomic Energy Agency (IAEA) will play a pivotal role in checking that Iran lives up to its part of the interim deal by curbing its disputed uranium enrichment activity in exchange for some easing of international sanctions that are severely damaging its oil-dependent economy.
The implementation of the six-month accord - meant to buy time for negotiations on a final settlement of the decade-old nuclear dispute - is due to begin on Monday.