Iranian negotiators on Wednesday presented to European powers draft proposals on sanctions removal and nuclear commitments.
The texts will help to determine whether there is the basis for a deal to revive the 2015 nuclear accord.
The drafts were submitted to European diplomats on Wednesday night and were “a demonstration of our seriousness”, said Ali Bagheri Kani, Iran's chief nuclear negotiator.
The announcement came on the fourth day of indirect talks between Iran and the United States on bringing both fully back into the deal.
The negotiations in Vienna are the first since the election in June of Iran’s President Ebrahim Raisi.
"We have delivered two proposed drafts to them ... of course they need to check the texts that we have provided to them. If they are ready to continue the talks, we are in Vienna to continue the talks," Mr Kani said.
A European diplomat in Vienna confirmed to Reuters that draft documents had been handed over.
Iran's top diplomat on Thursday said that an agreement to revive the nuclear deal, officially known as the Joint Comprehensive Plan of Action, was "within reach" but that this depended on the goodwill of the West.
Foreign Minister Hossein Amir-Abdollahian said on Twitter that negotiations in Vienna were "proceeding with seriousness" and that the removal of sanctions was a "fundamental priority".
In his tweet on Thursday, Iran's foreign minister said the expert talks were continuing and that he was in daily contact with his deputy and lead negotiator, Mr Kani.
"Good deal within reach if the West shows good will. We seek rational, sober and result-oriented dialogue," Mr Amir-Abdollahian said.
Under the 2015 agreement, Tehran limited its uranium enrichment programme – a potential pathway to nuclear weapons although Iran says it seeks only civilian atomic energy – in exchange for relief from US, European Union and UN economic sanctions.
But in 2018, Donald Trump, who was US president at the time, abandoned the deal, saying that it was too soft on Iran, and reimposed US sanctions, spurring Tehran to breach nuclear limits in the pact.
While Mr Kani had said everything negotiated during six rounds of talks between April and June was open for discussion, a member of Iran's delegation said "elements in the previous unapproved draft that were in conflict with the nuclear deal were revised and gaps were filled" in Iran's submitted drafts.
A senior European diplomat estimated on Tuesday that 70 per cent to 80 per cent of a draft deal on salvaging the 2015 accord was completed when Iran and world powers last met in June, although it was unclear if Tehran would resume talks where they left off.
Israel, which opposed the original 2015 agreement as too limited in scope and duration, urged world powers on Thursday to halt the talks immediately.
It cited a UN nuclear watchdog report that Tehran has begun refining uranium with more advanced centrifuges in its Fordow plant dug into a mountain, where any enrichment had been banned under the deal.
The International Atomic Energy Agency said on Wednesday Iran has begun the process of enriching uranium to 20 per cent purity with advanced centrifuges at its Fordow site, yet another breach of the deal Tehran agreed to with world powers in 2015.
The IAEA announced the country's latest nuclear activities after agreeing with Tehran “to increase the frequency of verification” at the Fordow facility.
European diplomats have said addressing Iran's use of the advanced centrifuges to enrich uranium is still a crucial sticking point in the negotiations.
“The advanced centrifuges present a conundrum because they constitute both an irreversible gain in knowledge and because if not destroyed, they can be quickly reassembled in the future, making it hard to meet the one-year breakout criterion [of preventing Iran from being able to produce a weapon's worth of highly enriched uranium],” said Mark Fitzpatrick, an associate fellow at the International Institute for Strategic Studies and former acting deputy assistant secretary for non-proliferation at the US State Department.
“But under the JCPOA, centrifuges that were removed from operation only had to be put in storage, so Iran has a point in arguing that the demand for destruction is not in keeping with the 2015 deal.”
The specs
Engine: 0.8-litre four cylinder
Power: 70bhp
Torque: 66Nm
Transmission: four-speed manual
Price: $1,075 new in 1967, now valued at $40,000
On sale: Models from 1966 to 1970
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Q&A with Dash Berlin
Welcome back. What was it like to return to RAK and to play for fans out here again?
It’s an amazing feeling to be back in the passionate UAE again. Seeing the fans having a great time that is what it’s all about.
You're currently touring the globe as part of your Legends of the Feels Tour. How important is it to you to include the Middle East in the schedule?
The tour is doing really well and is extensive and intensive at the same time travelling all over the globe. My Middle Eastern fans are very dear to me, it’s good to be back.
You mix tracks that people know and love, but you also have a visually impressive set too (graphics etc). Is that the secret recipe to Dash Berlin's live gigs?
People enjoying the combination of the music and visuals are the key factor in the success of the Legends Of The Feel tour 2018.
Have you had some time to explore Ras al Khaimah too? If so, what have you been up to?
Coming fresh out of Las Vegas where I continue my 7th annual year DJ residency at Marquee, I decided it was a perfect moment to catch some sun rays and enjoy the warm hospitality of Bab Al Bahr.
The specs: 2018 Opel Mokka X
Price, as tested: Dh84,000
Engine: 1.4L, four-cylinder turbo
Transmission: Six-speed auto
Power: 142hp at 4,900rpm
Torque: 200Nm at 1,850rpm
Fuel economy, combined: 6.5L / 100km
Which honey takes your fancy?
Al Ghaf Honey
The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year
Sidr Honey
The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest
Samar Honey
The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
MATCH INFO
Burnley 1 (Brady 89')
Manchester City 4 (Jesus 24', 50', Rodri 68', Mahrez 87')
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
THE SPECS
Engine: Four-cylinder 2.5-litre
Transmission: Seven-speed auto
Power: 165hp
Torque: 241Nm
Price: Dh99,900 to Dh134,000
On sale: now
