The cost of peace: IAEA needs $8 million euros to implement the Iranian nuclear deal
The International Atomic Energy Agency (IAEA) says it needs an additional amount of about six million euros for activities related to the implementation of a recent deal on Iran’s nuclear energy program. "A number of activities additional to those currently being carried out by the Agency in Iran will need to be conducted to confirm Iran's undertakings" under the last November Geneva agreement, Reuters reported on Friday, quoting an IAEA report to member states. The international agency said that “an additional sum of approximately 6 million euros is needed over the next six months” for its activities in relation to the agreement. Of that amount, "extra budgetary voluntary contributions of about 5.5 million euros are needed," the report added. Meanwhile, diplomats said that providing the amount would not be an issue, because many IAEA member states have already expressed their willingness to help. "The money is not going to be an issue," one envoy was quoted as saying. Iran and the five permanent members of the United Nations Security Council -- Russia, China, France, Britain and the United States -- plus Germany, signed the interim agreement in Geneva on November 24. The two sides have agreed to start implementing the agreement on January 20. Iran and the six countries have urged the IAEA to monitor the implementation of the agreement. The IAEA has accepted the request, but it needs the approval of the agency’s Board of Governors, Behrouz Kamalvandi, a spokesman for the Atomic Energy Organization of Iran said on Friday. Under the deal, the six countries undertook to provide Iran with some sanctions relief in exchange for Iran agreeing to limit certain aspects of its nuclear activities during six months. It was also agreed that no nuclear-related sanctions would be imposed on the country within the same timeframe.