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IAEA chief in Iran to press for nuclear cooperation

He held his first meeting with Fereydoon Abbasi Davani, the official in charge of Iran's nuclear energy programme, the ISNA news agency reported.

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The head of the UN's nuclear surveillance agency pressed Iran over inspections during a visit to Tehran on Monday that was being closely watched ahead of wider nuclear talks between Iran and world powers later this week.

International Atomic Energy Agency chief Yukiya Amano said as he left on the trip he was to have "direct talks with high officials of Iran" to build on "good progress" made last week between IAEA and Iranian officials in Vienna.

He held his first meeting with Fereydoon Abbasi Davani, the official in charge of Iran's nuclear energy programme, the ISNA news agency reported.

Later today, Amano was to see Iran's top nuclear negotiator Saeed Jalili and Foreign Minister Ali Akbar Salehi.

The outcome of the visit was seen as an indicator of Iran's willingness to allay international suspicions of nuclear weapons research to be raised on Wednesday in Baghdad talks between representatives from Iran and from the five permanent UN Security Council members plus Germany, known as the P5+1.

Those talks will substantively delve into the issues of Iran's nuclear activities and related sanctions imposed by the West and the UN, following an ice-breaking session in Istanbul last month that ended a 15-month hiatus.

The very fact Amano himself was in Tehran today -- on his first trip to Iran since taking the helm of the IAEA -- raised speculation that the Islamic republic could grant the IAEA access to a key military installation, Parchin, outside Tehran, for the first time in seven years.

But Amano, while avoiding giving any details of what he was to discuss, stated that "nothing is certain."

While he was conducting the trip in a "positive" mindset, he underlined: "This visit is very short, and I'm not an inspector."

In order to check the menace of black money, Mukherjee in his foreward to the Paper said the government has brought five bills "the Lokpal Bill, the Judicial Accountability Bill, the Whistle Blowers Bill, the Grievance Redressal Bill and the Public Procurement Bill, which are at various stages of consideration by Parliament".

The expansion of information exchange network at the international level will help in curbing cross-border flow of illicit wealth, he said, adding "while these measures will set the tone for an equitable, transparent and a more efficient economy, there is much that we could do, both individually and collectively, to strengthen the moral fibre of our society."

The Paper suggested four-pronged strategy to curb generation of black money. These include more incentives for voluntary compliance of tax laws, reforms in vulnerable sectors of economy and creation credible deterrence.

It mentioned that reform of financial and real estate sectors would help in reducing generation of black money in long term as freeing of gold imports had helped in checking smuggling.

"Fine tuning of financial regulation remains one of the key areas in creating deterrence against generation of black money and detecting black money in the process of being laundered...Strengthening of other reporting regimes can allow appropriate systems for flagging of dubious transactions in future and improve the probability of their timely detection and prevention," it added.

In order to curb black money in the real estate sector, which accounts for 11 per cent of GDP, the Paper suggested that government should develop a nationwide data base, introduce TDS on sale of property and set up electronic payment system.

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