January 18, 2014 - 11:31 AMT
IAEA estimates Iran monitoring at $6 million

The UN nuclear agency estimates that monitoring Iran's compliance with terms of the nuclear deal Tehran reached with six world powers will cost $6 million (4.4 million euros.)

The figure is contained in a confidential report the Associated Press said it obtained Friday, Jan 17. It was prepared for a meeting Monday of the UN International Atomic Energy Agency's 35-nation governing board, which is expected to approve the IAEA's monitoring role.

The report says the IAEA can save minimal costs by reassigning some staff but most of the funding will have to come from contributions, according to the AP.

The six-month deal is scheduled to be implemented starting Monday and is meant as the first step toward a permanent accord.