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"These actions represent the first time in nearly a decade that Iran has verifiably enacted measures to halt progress on its nuclear program, and roll it back in key respects," White House press secretary Jay Carney said in a statement.
He said Iran is also providing U.N. inspectors with increased transparency, including more frequent and intrusive inspections. "Taken together, these concrete actions represent an important step forward," he said.
Under the deal reached in November in Geneva, Iran agreed to halt its 20 percent enrichment program but continue enrichment up to 5 percent.
Iranian Vice President Ali Akbar Salehi said his country has a total of 196 kilograms (432 pounds) of 20 percent enriched uranium and will convert half of it to oxide over a period of six months. The remaining half will be diluted to a level below 5 percent level within three months.
Uranium enriched to a high degree - above 90 percent - can be used to build a nuclear warhead. Enriched below 5 percent, it can power an electricity-generating reactor, and at 20 percent it can power reactors used to produce medical isotopes. The enrichment is done by spinning the uranium in a series of centrifuges.
Iran will also refrain from commissioning its under-construction 40 megawatt heavy water reactor in Arak, central Iran. That reactor can produce plutonium, another route to building a warhead.
Under the deal, the number of IAEA inspectors in Iran will "roughly double," said Tero Varjoranta, an agency deputy director general. That would increase the agency's presence on the ground to a maximum of eight inspectors in Iran at any time.
IAEA inspectors will have daily access to Iran's enrichment facilities, a senior diplomat familiar with details of the implementation plan said, speaking on condition of anonymity because he was not authorized to discuss details.
In exchange for the nuclear curbs, Iran receives a halt to new sanctions and easing of some existing sanctions. Measures targeting petrochemical products, gold and other precious metals, the auto industry, passenger plane parts and services will be lifted immediately.
The Geneva deal allows Iran to continue exporting crude oil in its current level, which is reported to be about 1 million barrels a day.Next Page >
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