US, Iran scale back ambitions, seek interim deal

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US and Iranian negotiators have scaled back ambitions for a comprehensive peace deal and are instead seeking a temporary memorandum to prevent a return to conflict, Reuters reported, citing two Iranian sources.

A senior Iranian official cited by Reuters said the two sides had begun narrowing some gaps, including over management of the Strait of Hormuz.

Iran wants any memorandum to include the unfreezing of some of its funds in exchange for allowing more ships through the strait, the official said.

The Iranian sources said the United States is demanding a halt to Iran’s nuclear enrichment work for 20 years, while Iran wants to limit it to three to five years. Tehran also wants a timetable for lifting sanctions of UN, US and EU, they said.

While Iran was not ready to send all its highly enriched uranium (HEU) abroad, part of it could be sent to a third country, the report cited one of the sources as saying.– Reuters

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