admin May 29, 2016

Tehran and Moscow are in talks over purchase of Iran’s surplus heavy water.

Iranian Deputy Foreign Minister for Legal and International Affairs Abbas Araqchi has said that Tehran and Moscow are eyeing a deal for exporting 32 tons of Iran’s surplus heavy water to Russia, IRNA news agency reported.

Saying that Heavy water is a valuable commodity, Araqchi added that under the Joint Comprehensive Plan of Action (JCPOA) Iran is committed to offer its surplus of heavy water to international markets for sale.

Iran’s capability in producing heavy water will be officially recognized through offering the valuable commodity in international markets, he added.

He further said that the US has also offered to purchase 32 tons of Iran’s heavy water and the officials from Tehran and Washington are finalizing a deal on heavy water purchase.

Araqchi said that Iran will not ship heavy water to US unless Tehran receives the payment in advance as the Islamic Republic is concerned over the seizure of assets.

The US government in April completed an $8.6 million deal to buy 32 tons of heavy water from Iran. However, 251 American lawmakers May 25 voted for a bill that would prohibit such purchases next year. The measure is yet to be approved by the US Senate.

Source: Trend