Iran, Russia to start work on nuclear reactors

Iran, Russia to start work on nuclear reactors

The goal behind the secret deal, according to Reuters, was to allow Iran to start getting financial relief immediately when some of the economic sanctions were lifted.

The report, which is to be published by the Washington-based Institute for Science and International Security, is based on information provided by several officials of governments involved in the negotiations. LEU can be processed into weapons-grade uranium.

Vice President and Head of Atomic Energy Organization of Iran (AEOI) announced that the operations to construct two new nuclear power plant in Bushehr in Southern Iran will start in coming days. The report said that the US and its negotiating partners - Russia, China, Britain, France and Germany - approved the exemptions.

"Given the technical complexity and public importance of the various [nuclear accord] exemptions and loopholes, the administration's policy to maintain secrecy interferes in the process of establishing adequate Congressional and public oversight of the [nuclear accord]", the report reads.

According to Albright, the Obama administration informed Congress of the loopholes after the fact, on January 16, 2016.

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Following the completion of the transaction, the director now owns 10,852 shares of the company's stock, valued at $935,985. Net earnings surged 1% to $106 million, or $0.84 per diluted share, from $105 million, or $0.81, in the previous year.

While the original deal restricts Iran to storing only 300 kilograms of 3.5 percent LEU contained in liquid, solid and sludge wastes, the secret agreements allows it to exempt "unknown quantities", said the report.

Iran will also be permitted to keep operating 19 more radiation containment chambers, or "hot cells", than are granted by the deal. Plutonium is a key material in nuclear weapons manufacture.

The White House claims these changes to the JCPOA were not kept secret from Congress, but at least one prominent critic of the nuclear deal, Senator Bob Menendez (D-NJ), who is a senior member of the Foreign Relations Committee, told Reuters he was "not aware" of the exemptions, and was never briefed on them.

Experts cautioned to Reuters that if the secret loopholes obfuscate the true amount of low-enriched uranium Iran possesses, it would be impossible to know how much Uranium the group could yield.