Deal and Iran

inspections ship: Under the deal, Iran must reduce its uranium stockpile by roughly 98%, phase out its centrifuges over the next 15 years, limit research activities, allow heightened inspections and ship spent fuel outside of the country, according to CNN. In full: What in the deal In return, many of the international sanction imposed on Iran were lifted. Thursday marks one year since the landmark agreement -- called the Joint Comprehensive Plan of Action -- between Iran and the P5+1 group of world powers, including the United States, UK, France, China and Russia plus Germany. Read More Twelve months on, what impact has the deal had Boeing gets on board... Iran says it reached a deal to buy passenger aircraft from U.S. plane maker Boeing. It not the only manufacturer hoping to capitalize on a country sorely in need of modern aircraft, with Iran Air also announcing a deal for 118 planes from rival Airbus. Boeing was one of the first U.S. companies to sign a major deal with Iran following the lifting of sanctions in January -- reportedly selling 100 jetliners to national carrier Iran Air. (news.financializer.com). As reported in the news.