IAEA asks for extra money to monitor Iran’nuclear plan

A confidential document from the U.N.’s atomic agency says the extra work related to monitoring Iran’s compliance with last month’s nuclear deal will cost about 9.2 million euros ($10.5 million) each year.

Global Atomic Energy Agency (IAEA) chief Yukiya Amano called on member states to provide the agency with the money it needed, saying the extra budgetary contributions – 800,000 euros ($924,000) per month – will be exhausted by the end of September, reported Xinhua news agency.

Tuesday’s assembly is designed to ask the IAEA’s 35-member board to approve each the company’s monitoring position and to ask for the funds wanted to hold out that exercise.

Sufficient nations are anticipated to contribute to satisfy the IAEA request. A diplomat from a board member country said Monday that the United States, France, Britain and Germany – the four Western powers among the six that negotiated the Iran deal – already have committed to meeting at least some of the costs, along with others, including Japan, Finland, Australia, Canada, the Netherlands and New Zealand.

“What I am confident of is that the IAEA will get access to all the information they need and the site that they need in order to conclude their report”, White House press secretary Josh Earnest told reporters at the first daily briefing after the president returned from vacation on Martha’s Vineyard.

Amano said he would discuss to include expenditure on monitoring and verifying the Iran deal in the regular budget, which reached around 350 million euros past year, from 2017 onwards. That shall be a while after it’s adopted October 18.

The UN nuclear watchdog on Tuesday referred to as for contributions to assist with inspection of Iran’s nuclear programme after final month’s settlement between Iran and the six world powers.