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Kerry says US won’t block Iran foreign deals

Iran has finalized a deal with US companies to sell 32 tons of its heavy water, a senior Iranian official said

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Iran has finalized a deal with US companies to sell 32 tons of its heavy water, a senior Iranian official said on his Instagram page on Friday.

“Head of Iran’s Atomic Energy Organization signed a deal with American companies to sell 32 tons of heavy water,” said Hamid Baidinejad.

Heavy water – which has a different molecular structure to regular water – is used in nuclear reactors.

Under a landmark nuclear deal reached between Iran and six major powers last year, Tehran is responsible for reducing its stock of heavy water, which it can sell, dilute or dispose of under conditions.

The deals came as Secretary of State John Kerry said the United States wouldn’t stand in the way of foreign business deals with non-sanctioned Iranian firms.

Kerry also said the Obama administration was willing to further clarify what transactions are permitted with Iran since last year’s landmark nuclear deal.

Speaking Friday at a meeting with Iran’s foreign minister, Mohammad Javad Zarif, Kerry lamented that the confusion about the new rules was impeding Iran's ability to get the full benefit of the nuclear deal, including access to formerly frozen funds held by foreign banks.

Iran has complained that it hasn’t yet realized the full benefits of the deal signed last summer by the United States, Iran and five other countries. Zarif said he hoped that Kerry’s comments would begin to open a different path.

(With AP and Reuters)