IAEA to discuss its role, money needs under Iran deal on Aug. 25
VIENNA - An International Atomic Energy Agency (IAEA) meeting later this month will consider how to finance the monitoring of Iran's nuclear deal with world powers, a crucial step toward an eventual end of sanctions on Tehran.
The IAEA has been asked to report on whether Iran is taking the necessary measures to shrink its nuclear program as agreed in the July 14 accord, which was days later enshrined in a Security Council resolution. Without IAEA confirmation that Iran is keeping its promises, the country will not be granted much-needed sanctions relief.
The Vienna-based United Nations agency is not expected to issue its final report on Iran's compliance with the deal for several months, and will continue to monitor it after that.
"A meeting of the Board of Governors has been convened and is expected to take place on 25 August," said Serge Gas, IAEA director of communications, in an emailed statement, referring to the agency's 35-member board. "It is expected that the Board will consider a report by the Director General on the requests in Security Council resolution 2231 and on the financial implications for the agency."
