There is agreement in principle in Vienna talks: President Rouhani

President Hassan Rouhani has expressed optimism about the progress of nuclear deal talks in Vienna, saying that a final agreement is within reach.

"We have taken the big step and an agreement in principle has been achieved," he said during an inaugural ceremony of petrochemical projects via video conferencing on Thursday morning.

However, the President said that there are still some issues remaining that are still being discussed to reach a final agreement.

He said that although the sanctions created big problems for Iran's economy, they could not stop Iran's economic growth as the inaugurations of major projects under the sanctions show.

"Sanctions couldn't block our development. In the past year, we have been able to inaugurate 17 petrochemical projects despite being coronavirus and the sanctions pressures. We were able to complete these important projects."

Rouhani added that the world powers today admit that the sanctions have failed, expressing optimism that they will be lifted.

He said that there is an agreement in principle and the talks are continuing on detailed issues.

The President noted that the other side of the talks has accepted to lift the sanctions on oil, petrochemicals, shipping, insurance and banks.

SS