President Hassan Rouhani meets Director General of the International Atomic Energy Agency Rafael Mariano in Tehran, Iran. AFP
President Hassan Rouhani meets Director General of the International Atomic Energy Agency Rafael Mariano in Tehran, Iran. AFP
President Hassan Rouhani meets Director General of the International Atomic Energy Agency Rafael Mariano in Tehran, Iran. AFP
President Hassan Rouhani meets Director General of the International Atomic Energy Agency Rafael Mariano in Tehran, Iran. AFP

Iran nuclear deal parties meet amid US pressure


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The signatories to the faltering Iran nuclear deal meet in Vienna on Tuesday as the US is urging international sanctions on the Islamic republic to be reimposed and an arms embargo to be extended.

Britain, France, Germany, China and Russia are struggling to save the 2015 landmark accord with Iran, which has been progressively stepping up its nuclear activities since last year.

Tehran insists it is entitled to do so under the deal – which swapped sanctions relief for Iran's agreement to scale back its nuclear programme – following the US withdrawal from the accord in 2018 and the reimposition of sanctions.

In a boost to Tuesday's talks, the Iranian atomic energy last week agreed to allow inspectors of the UN nuclear watchdog to visit two sites that allegedly hosted undeclared activity in the early 2000s.

The International Atomic Energy Agency head Rafael Grossi had travelled to Iran on his first trip since taking up the top post last year and after months of calling for access.

Results from any site visits are, however, expected to take three months, according to a diplomat familiar with the matter, so "it risks being a problem then with the Iranians" if anything undeclared and nuclear-related is found.

Mikhail Ulyanov, Russia's Ambassador to International Organisations in Vienna, said on Twitter on Monday that "nuclear deal participants have a lot of topics to discuss".

The meeting will be chaired by EU senior official Helga-Maria Schmid with deputy foreign ministers or political directors from Britain, China, France, Germany, Iran and Russia attending.

Mark Fitzpatrick, an associate fellow of the International Institute for Strategic Studies (IISS), said last week's agreement on access kept "Iran generally in line with the rest of the world, against an isolated United States".

The United Nations last week blocked the US bid to reimpose international sanctions on Iran, while Washington also failed to rally enough support to extend an arms embargo set to lapse in October.

But Mr Fitzpatrick pointed out that "Iran's nuclear activities remain of deep concern to those states that are dedicated to non-proliferation".

Iran reportedly recently transferred advanced centrifuges used to enrich uranium from a pilot facility into a new hall at its main Natanz nuclear fuel plant, which was hit by sabotage in July.

An IAEA assessment published in June said Iran's stockpile of enriched uranium was almost eight times the limit fixed in the accord.

The level of enrichment is still far below what would be needed for a nuclear weapon, but EU parties to the deal have urged Iran's full compliance.

The IAEA, which regularly updates its members on Iran's nuclear activities, is expected to issue a new report ahead of a meeting of member states to discuss the dossier later this month.

US tops drug cost charts

The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.

Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.

In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.

Some of the costliest drugs worldwide include Lipitor for high cholesterol. 

The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.

High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

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