Iran and the six world powers (the five permanent UN Security Council members plus Germany) have adopted a final decision to extend the negotiations process for several months, a source participating in the talks said on Monday.
“Yes, the decision has been made,” the source said, adding, “The negotiations will be extended, the timeframe will be defined at the ministerial meeting," Itar-Tass reported.
Media reports said earlier citing sources the talks may be extended until the end of March and even until July 2015. The source told the agency the exact date will be known in the near future.
But other sources said the talks have been extended until July 10, and the world powers have taken up to release $700 million of Iran's frozen assets on a monthly basis.