According to the latest monthly report of the International Atomic Energy Agency (IAEA) presented to member states Sunday, Iran has met the conditions of the interim six-month deal it signed for eliminating its sensitive stockpile of enriched uranium and is cooperating with the international agency.
The deal was due to expire Sunday, but it would now be extended with some tweaks.
The issue of the report coincided with news that Iran and the 5+1 had failed to reach an inclusive and final agreement on Tehran's nuclear dossier by the self-imposed deadline of July 20. The deadline was pushed four months forward to next November.
Despite failure to sign a final deal to lead the way for an easing of sanctions, Tehran sees the extension of the interim deal period as a sign that both sides are determined to sit down for talks till an agreement is reached. However, there are doubts within the international community that such final deal could be reached in the few remaining months of 2014.