Iran to resume enrichment at underground plant

Summary Sentiment Deep Analyze

TEHRAN: President Hassan Rouhani said on Tuesday that Iran would resume uranium enrichment at an underground plant south of Tehran in its latest step back from a troubled 2015 agreement with major powers.

The suspension of all enrichment at the Fordow plant in the mountains near Qom was one of the restrictions on its nuclear activities that Iran accepted in return for the lifting of international sanctions.

But Washington’s abandonment of the deal in May last year followed by its reimposition of crippling sanctions prompted Iran to begin a phased suspension of its own commitments in May this year.

Under the terms of the agreement, Iran has retained more than 1,000 first-generation centrifuges at the Fordow plant, which have been running empty or remained idle since it took effect.

“Starting from tomorrow (Wednesday), we will begin injecting (uranium hexafluoride) gas at Fordow,” Rouhani said in a speech broadcast by state television.

His announcement came a day after tensions flared anew on the 40th anniversary of the US embassy siege and hostage crisis, with thousands in Tehran taking to the streets and Washington imposing fresh sanctions.

Iran said the resumption of enrichment at Fordow would be carried out transparently and witnessed by inspectors from the United Nations nuclear watchdog, the International Atomic Energy Agency.

But the European Union voiced disquiet at the new step away from the 2015 deal.

“We are concerned by President Rouhani’s announcement today to further reduce Iran’s commitments,” EU spokeswoman Maja Kocijancic told reporters.

France urged Iran to “go back on its decisions, which contradict the accord.” Russia too expressed worry, despite its good relations with Iran.

“We are monitoring the development of the situation with concern,” President Vladimir Putin’s spokesman Dmitry Peskov told reporters.

“We support the preservation of this deal.” At the same time, Peskov said Moscow understood Tehran’s concerns over the “unprecedented and illegal sanctions” imposed by Washington.

Published in Dawn, November 6th, 2019

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Original Text

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag. According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected. The VVIP returned to his hotel and AI aircraft engineers immediately started working on the aircraft "Khajuraho".During this time, an AI Boeing 777 that was to operate on London-Mumbai sector with a schedule departure time of 1.15 pm (local time London) as flight 130 was kept on standby at Heathrow as alternate AI One to be flown to Zurich for the President’s journeys if needed.Luckily AI engineers rectified the jumbo jet which then flew President Kovind to Slovenia with a delay of a few hours. And AI 130 flew to Mumbai at 2.30 pm (local time London) from Heathrow without requiring to fly as alternate AI One to Zurich, say sources.Keeping an Air India aircraft at a foreign base nearest from where AI One has to operate as standby is a regular practice. This overseas trip of President Kovind first made news when Pakistan on September 7 denied permission for it to fly over its airspace from India to Europe and back.The B747 took a longer route to Europe when it left last Monday (Sept 9) and will take the longer route back home too. Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights. They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required. Converting a passenger B747 into a VVIP aircraft takes about 12 days.By the end of this year or early next year, India will get dedicated state-of-the-art long haul aircraft when first of the two Boeing 777s currently being retrofitted in the US with the most most advanced security gizmos, including missile warning and counter-measure dispensing systems, for the president, VP and PM will join the VVIP fleet. While the first is expected in December, the second one may arrive a month later, say sources.Given their ultra hi-tech security and communications systems — at par with Air Force One — they cannot be used for regular flights. The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers. The four-engine jumbo jets cannot fly longhaul routes like India-US nonstop and do so with a stop in Europe, something the twin-engine B777 has been doing for AI for years

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag. According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected. Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights. They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required. The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers.

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Original Text

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag. According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected. The VVIP returned to his hotel and AI aircraft engineers immediately started working on the aircraft "Khajuraho".During this time, an AI Boeing 777 that was to operate on London-Mumbai sector with a schedule departure time of 1.15 pm (local time London) as flight 130 was kept on standby at Heathrow as alternate AI One to be flown to Zurich for the President’s journeys if needed.Luckily AI engineers rectified the jumbo jet which then flew President Kovind to Slovenia with a delay of a few hours. And AI 130 flew to Mumbai at 2.30 pm (local time London) from Heathrow without requiring to fly as alternate AI One to Zurich, say sources.Keeping an Air India aircraft at a foreign base nearest from where AI One has to operate as standby is a regular practice. This overseas trip of President Kovind first made news when Pakistan on September 7 denied permission for it to fly over its airspace from India to Europe and back.The B747 took a longer route to Europe when it left last Monday (Sept 9) and will take the longer route back home too. Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights. They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required. Converting a passenger B747 into a VVIP aircraft takes about 12 days.By the end of this year or early next year, India will get dedicated state-of-the-art long haul aircraft when first of the two Boeing 777s currently being retrofitted in the US with the most most advanced security gizmos, including missile warning and counter-measure dispensing systems, for the president, VP and PM will join the VVIP fleet. While the first is expected in December, the second one may arrive a month later, say sources.Given their ultra hi-tech security and communications systems — at par with Air Force One — they cannot be used for regular flights. The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers. The four-engine jumbo jets cannot fly longhaul routes like India-US nonstop and do so with a stop in Europe, something the twin-engine B777 has been doing for AI for years

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NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag.According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected.The VVIP returned to his hotel and AI aircraft engineers immediately started working on the aircraft "Khajuraho".During this time, an AI Boeing 777 that was to operate on London-Mumbai sector with a schedule departure time of 1.15 pm (local time London) as flight 130 was kept on standby at Heathrow as alternate AI One to be flown to Zurich for the President’s journeys if needed.Luckily AI engineers rectified the jumbo jet which then flew President Kovind to Slovenia with a delay of a few hours.And AI 130 flew to Mumbai at 2.30 pm (local time London) from Heathrow without requiring to fly as alternate AI One to Zurich, say sources.Keeping an Air India aircraft at a foreign base nearest from where AI One has to operate as standby is a regular practice.This overseas trip of President Kovind first made news when Pakistan on September 7 denied permission for it to fly over its airspace from India to Europe and back.The B747 took a longer route to Europe when it left last Monday (Sept 9) and will take the longer route back home too.Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights.They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required.Converting a passenger B747 into a VVIP aircraft takes about 12 days.By the end of this year or early next year, India will get dedicated state-of-the-art long haul aircraft when first of the two Boeing 777s currently being retrofitted in the US with the most most advanced security gizmos, including missile warning and counter-measure dispensing systems, for the president, VP and PM will join the VVIP fleet.While the first is expected in December, the second one may arrive a month later, say sources.Given their ultra hi-tech security and communications systems — at par with Air Force One — they cannot be used for regular flights.The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers.The four-engine jumbo jets cannot fly longhaul routes like India-US nonstop and do so with a stop in Europe, something the twin-engine B777 has been doing for AI for years

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Original Text

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag. According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected. The VVIP returned to his hotel and AI aircraft engineers immediately started working on the aircraft "Khajuraho".During this time, an AI Boeing 777 that was to operate on London-Mumbai sector with a schedule departure time of 1.15 pm (local time London) as flight 130 was kept on standby at Heathrow as alternate AI One to be flown to Zurich for the President’s journeys if needed.Luckily AI engineers rectified the jumbo jet which then flew President Kovind to Slovenia with a delay of a few hours. And AI 130 flew to Mumbai at 2.30 pm (local time London) from Heathrow without requiring to fly as alternate AI One to Zurich, say sources.Keeping an Air India aircraft at a foreign base nearest from where AI One has to operate as standby is a regular practice. This overseas trip of President Kovind first made news when Pakistan on September 7 denied permission for it to fly over its airspace from India to Europe and back.The B747 took a longer route to Europe when it left last Monday (Sept 9) and will take the longer route back home too. Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights. They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required. Converting a passenger B747 into a VVIP aircraft takes about 12 days.By the end of this year or early next year, India will get dedicated state-of-the-art long haul aircraft when first of the two Boeing 777s currently being retrofitted in the US with the most most advanced security gizmos, including missile warning and counter-measure dispensing systems, for the president, VP and PM will join the VVIP fleet. While the first is expected in December, the second one may arrive a month later, say sources.Given their ultra hi-tech security and communications systems — at par with Air Force One — they cannot be used for regular flights. The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers. The four-engine jumbo jets cannot fly longhaul routes like India-US nonstop and do so with a stop in Europe, something the twin-engine B777 has been doing for AI for years

Output

NEW DELHI: An inter-ministerial panel on fintech has suggested legislative changes be made to enable fixed deposits (FDs) and other financial instruments to be issued in dematerialised form as it is customer-friendly and secure.The Steering Committee headed by the economic affairs secretary also suggested that the department of financial services (DFS) and Reserve Bank of India may examine the suitability of virtual banking system in the Indian context.The panel, which submitted its report to finance minister Nirmala Sitharaman on Monday, said dematerialisation of financial instruments is customer-friendly given the wide reach of mobile technologies and also leads to disaster resilience and speedy recovery. the report said.Necessary suitable amendments to enable dematerialisation of financial instruments such as FDs and other deposits of the Post Offices, other forms of small savings certificates issued, Gold Deposit Certificates issued under GMS, Sovereign Gold Bonds, etc.may be undertaken, it said.Pending changes in laws and regulations that may be required to enable depositories to store all financial assets, the information pertaining to the assets may be stored in repositories so that consumers can access this information through a single window, it said.With regard to virtual banking, it said the Hong Kong Monetary Authority (HKMA) has recently issued guidelines for setting up virtual banks and is examining applications for virtual banking licences.The Committee recommends a thorough review of the PPI system with a view of considerably liberalising its use with adequate non-monetary limits safeguards to enable expansion of fintech, it said.It noted that there is an urgent need to reduce the costs of KYC to promote financial inclusion among the weaker sections.

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