The EU's foreign policy chief Josep Borell met Iran's foreign minister on Tuesday. Photo: AFP
The EU's foreign policy chief Josep Borell met Iran's foreign minister on Tuesday. Photo: AFP
The EU's foreign policy chief Josep Borell met Iran's foreign minister on Tuesday. Photo: AFP
The EU's foreign policy chief Josep Borell met Iran's foreign minister on Tuesday. Photo: AFP

EU says Iran ready to resume nuclear talks at 'early date'


Neil Murphy
  • English
  • Arabic

EU foreign policy chief Josep Borrell has said Iran is ready to resume talks on a nuclear deal, after receiving assurances from the country's top diplomat.

Mr Borrell met Iranian foreign minister Hossein Amir-Abdollahian on the sidelines of the UN General Assembly on Tuesday.

The EU mediated negotiations in Vienna earlier this year in a bid to revive a 2015 nuclear agreement between Tehran and world powers.

"The Iranian foreign minister assured of the willingness to resume negotiations at an early date," the EU said.

Mr Borrell "underlined once again the great importance of a quick resumption of the Vienna talks", it said.

The discussions, which involve the remaining parties seeking to persuade Washington to rejoin the deal and Tehran to return to its nuclear commitments, have been stalled since June, when ultraconservative Ebrahim Raisi was elected as Iran's president.

Mr Raisi voiced support for reviving the nuclear accord on Tuesday, in his international debut, even as he berated the US.

"The Islamic Republic considers useful talks whose ultimate outcome is the lifting of all oppressive sanctions," Mr Raisi said in a recorded speech to the UN.

Iranian foreign ministry spokesman Saeed Khatibzadeh said he expected a resumption of the talks "in the coming weeks", without giving an exact date.

The 2015 nuclear agreement offered Iran a reduction of UN sanctions in return for strict limits on its nuclear programme, but Tehran has progressively stepped away from its commitments in the wake of former US president Donald Trump's withdrawal and imposition of sanctions.

Mr Trump's successor Joe Biden has signalled a willingness to return to the deal, which was negotiated when he was Barack Obama's vice-president and with Iran's moderate President Hassan Rouhani.

Hopes of a revitalised deal were kept alive earlier this month after Iran agreed with the UN nuclear agency on a new compromise regarding surveillance of its nuclear sites.

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

LIKELY TEAMS

South Africa
Faf du Plessis (captain), Dean Elgar, Aiden Markram, Hashim Amla, AB de Villiers, Quinton de Kock (wkt), Vernon Philander, Keshav Maharaj, Kagiso Rabada, Morne Morkel, Lungi Ngidi.

India (from)
Virat Kohli (captain), Murali Vijay, Lokesh Rahul, Cheteshwar Pujara, Rohit Sharma, Ajinkya Rahane, Hardik Pandya, Dinesh Karthik (wkt), Ravichandran Ashwin, Bhuvneshwar Kumar, Ishant Sharma, Mohammad Shami, Jasprit Bumrah.

Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes

Updated: September 22, 2021, 5:00 PM