Forex
Home›Forex›Central Banks›Iran says US talks have not started and the 60-day tim…
Iran says US talks have not started and the 60-day timeline is irrelevant
The memorandum set a 60-day window for issues including sanctions relief and nuclear talks, but Iran links the breakdown to US violations.
Forexlive reports that Tehran says talks with the United States have not begun, and that they will not begin due to alleged US violations of a memorandum of understanding.
The source says the memorandum did not mention a 60-day deadline in its text, and that Iran views violations as making the original 60-day timeline irrelevant.
It also says the agreement outlined a 60-day period for two main issues, lifting sanctions and nuclear issues, with the window potentially extendable.
Forexlive adds that market focus is also on the memorandum or a ceasefire arrangement expiring over the weekend, and notes that the conditions included steps such as reopening the Strait of Hormuz, the US lifting a naval blockade, sanctions relief for Iran, and a ceasefire between Israel and Hezbollah.