Stock market today: S&P 500 drops for fifth day as focus shifts to Powell’s speech
Investing.com -- Iran’s foreign minister Abbas Araqchi stated on Wednesday that the country cannot completely cut cooperation with the International Atomic Energy Agency (IAEA), despite a new law requiring high-level security approval for future nuclear site inspections.
The statement comes after Iran’s parliament passed legislation last month suspending cooperation with the IAEA and requiring any future inspections to receive approval from Tehran’s Supreme National Security Council.
"We cannot completely cut our cooperation with the agency...Therefore, inspectors must be there to get this work done," Araqchi said in remarks carried by state media.
IAEA inspectors have been unable to access Iran’s nuclear installations since Israel and the U.S. bombed them during a 12-day war in June, even though IAEA chief Rafael Grossi has emphasized that inspections remain essential.
On Monday, an Iranian foreign ministry spokesperson indicated that Iran would continue talks with the IAEA, with another round of negotiations likely in the coming days.
When asked about resuming talks with Washington, Araqchi said negotiations needed to reach "maturity." A sixth round of talks between Tehran and Washington was suspended following the Israeli and U.S. strikes in June.
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