(VOVworld) – Irainian Foreign Mininster Mohamad Javad Zarif has agreed with EU High Representative for Foreign Affairs and Security Policy Catherine Ashton about the organization of the “first meeting between Iran and P5+1” by the end of Iran’s Bahman month, which falls on February 19^th. Zarif added that Iran would like to hold the meeting earlier but China said it was not ready citing that this occasion coincides with Chinese Lunar New Year which falls on January 31^st. The place of the negotiation has not been revealed.

Iranian Foreign Minister Mohamad Javad Zarif. Photo: internet

A preliminary agreement on Tehran’s nuclear program was reached by Iran and the P5+1 in November 2013 and came into force on January 20^th. According to this agreement, Iran will stop enriching its 5% uranium and disable its stockpile of enriched uranium at the level of around 20% within 6 months while stopping activities at the heavy water reactor Arak. In exchange, Iran can access its oil revenues worth up to 4.2 billion USD that is currently blocked at many foreign bank accounts. The country is also allowed to resume its exchange activities of petro-chemical products, gold and other precious metals.