Iran seeks to resolve sanctions over contested nuclear programme

Latest bit of news on Iran says, it presented a proposal to world powers in hope of achieving an amicable resolve to its decade-long sanctions due to a contested nuclear programme.
Since the governance of President Hassan Rouhani, Iran has been seeking terms of conciliation with the rest of the super powers. Iran seeks to find settlements to get relief from the sanctions it earned, which took out about 60 percent of its daily oil export revenue.

According to Iran's Deputy Foreign Minister Abbas Araqchi, the super powers welcomed Tehran's proposals. Araqchi said:
We think that the proposal we have made has the capacity to make a breakthrough. We had a very serious and good meeting this morning
The questions that were asked regarding Iran's plan were completely serious and our answers were as well.
Catherine Ashton, European Union foreign policy chief and the person tasked to oversee diplomacy with Iran on behalf of the powers, described Iran's proposal as a useful tool for Iran to renew its willingness to engage.

Read more details at Reuters.

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