World power representatives pose for a group picture at the United Nations building in Vienna, Austria in this file picture taken July 14, 2015. REUTERS/Carlos Barria/Files
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The U.N. is expected Saturday to confirm Iran's compliance with last July's landmark nuclear deal, allowing the lifting of sanctions and what Iran's foreign minister called a "good day for the world".The International Atomic Energy Agency report is expected to confirm that Iran has dramatically scaled down its nuclear program as agreed in the hard-won July 14 deal agreed in Vienna.This, combined with ultra-close IAEA inspections, extend to at least a year -- from a few months previously -- how long Iran would need to make one nuclear bomb's worth of fissile material.Iran has always denied wanting nuclear weapons, saying its activities are exclusively for peaceful purposes such as power generation.The IAEA's green light means that a raft of U.S., EU and U.N. sanctions on the Islamic republic can be lifted, allowing oil exports to resume and opening up the 80-million-strong country to business.The Vienna agreement was sealed after two years of rollercoaster negotiations following the June 2013 election of Iranian President Hassan Rouhani.
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