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February 15, 2013 11:11 pm

Wold Powers Plan to Offer Easing of Gold Sanctions to Iran

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Satellite view of the uranium-enrichment facility near Qom, Iran. Photo: DigitalGlobe.

Reuters – Major powers plan to offer to ease sanctions barring trade in gold and other precious metals with Iran in return for Iranian steps to shut down the nation’s newly expanded Fordow uranium enrichment plant, Western officials said on Friday.

The officials said the offer is to be presented to Iran at February 26 talks in Almaty, Kazakhstan, and they acknowledged that it represents a relatively modest update to proposals that the six major powers put forward last year.

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