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Kerry arrives in Vienna seeking to seal Iran nuclear deal

11:04 AM | 27 Jun, 2015
Kerry arrives in Vienna seeking to seal Iran nuclear deal
VIENNA (APP) - US Secretary of State John Kerry arrived late Friday in Vienna seeking to wrap up a nearly two-year quest for an accord curbing Iran's nuclear ambitions, but with both sides warning a deal is far from done.

Kerry was expected to meet Iranian Foreign Minister Mohammad Javad Zarif on Saturday, three days before a Tuesday deadline for a deal that officials warn may be missed by a few days.

France's Laurent Fabius and other foreign ministers were due to arrive over the weekend.

"Some major problems exist which are still blocking the work... but in other areas we have made good progress," Iranian Deputy Foreign Minister Abbas Araghchi told state television from the Austrian capital earlier Friday.

"Overall, the work is moving ahead slowly and with difficulty," he added.

His assessment was echoed by a Western diplomat involved in the talks, who said that several key issues, including future UN inspections and the timing of sanctions relief, remain "extremely problematic".

"The most difficult issues need to be resolved in the coming days: transparency, inspections, PMD (possible military dimensions of Iran's nuclear programme), sanctions... On the major issues there is major disagreement," the diplomat said.

The P5+1 -- the United States, China, Russia, Britain, France and Germany -- want Iran to curtail its nuclear activities in order to make any push to make nuclear weapons all but impossible.

The deal, it is hoped, would end a standoff dating back to 2002 that has threatened to escalate into armed conflict and poisoned the Islamic republic's relations with the international community.

In return for downsizing its activities and allowing closer UN inspections, Iran, which denies wanting nuclear weapons, would see painful UN and Western sanctions that have choked its economy lifted.

In April the P5+1 and Iran massively raised hopes that a resolution to the long-running crisis was in sight when they reached an accord in Lausanne, Switzerland on the outlines of a deal that they aim to finalise by the end of June.

But on Tuesday Iran's supreme leader, Ayatollah Ali Khamenei, set out key "red lines" for the final agreement which appeared to go against parts of what had been agreed in the Swiss city.

Khamenei said that all economic and financial sanctions imposed by the UN Security Council and the US must be lifted on the same day that an agreement is signed.

Western powers have said that no sanctions will be lifted until the UN atomic watchdog has verified that Iran has taken key steps outlined in the deal.

These include Iran slashing by more than two-thirds the number of uranium enrichment centrifuges, which can produce fuel for nuclear power but also form the core of a nuclear bomb, as well as shrinking its uranium stockpile by 98 percent.

Iran also agreed to change the design of a planned reactor at Arak so that it cannot produce weapons-grade plutonium and to no longer use its Fordo facility -- built into a mountain to protect it from attack -- for uranium enrichment.

In addition Khamenei took issue with the IAEA visiting military sites -- vital for a UN probe into allegations of past efforts to develop nuclear weapons -- and with the time periods for which Iran will halt certain activities.

Whack-a-mole
Even if negotiators manage a deal, it will be closely scrutinised by hardliners both in Iran and the United States, as well as Iran's regional rivals Israel, widely assumed to have nuclear weapons itself, and Saudi Arabia.

On Wednesday, Kerry warned that despite the huge diplomatic effort to get a deal -- talks began in earnest back in 2013 -- success was not guaranteed.

If Iran cannot address the remaining issues needed to assure the world its nuclear programme is peaceful, "there won't be a deal," he said.

On Thursday a senior US official said that the key unresolved points in what will be a highly complex accord included the timing and pace of sanctions relief and details about access and transparency for UN inspectors.

"These negotiations have been extremely tough," the official said. "It is like (the game) whack-a-mole. Another issue may pop back up because you've changed the balance of the deal because of any decision."

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
 
26.66
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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