No Iran nuclear deal in Geneva

Diplomats in Geneva say world powers have failed to agree on an initial nuclear deal with Iran. Source: AAP

IRAN and world powers have failed to clinch a long-sought deal on Tehran's nuclear program despite marathon talks in Geneva but kept hopes alive by agreeing to meet here again on November 20.

In Tehran, Iranian President Hassan Rouhani pleaded for parliament's backing in the negotiations while insisting that Iran would not abandon its nuclear rights, including uranium enrichment.

Diplomats said significant progress had been made in three days of intense negotiations aimed at reaching agreement in the decade-long standoff.

Hopes had soared for an impending deal after top world diplomats rushed to Geneva to join the talks, but faded after cracks began to show among world powers when France raised concerns.

Emerging in the early hours of Sunday from a last-ditch negotiating session, EU diplomatic chief Catherine Ashton and Iranian Foreign Minister Mohammad Javad Zarif said the two sides had not been able to come together on a deal.

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"A lot of concrete progress has been achieved but some issues remain," Ashton said.

"Our objective is to reach a conclusion and that's what we'll come back to try to do."

Zarif said he was not discouraged by the failure of the talks, saying the meetings had taken place in a positive atmosphere and that he hoped to reach an agreement at the next talks.

French Foreign Minister Laurent Fabius was the first to reveal that the deal had failed, pre-empting the official announcement after the talks broke up.

Fabius had earlier raised concerns that the proposal did not go far enough to curb Iran's nuclear ambitions.

He insisted that France wanted an agreement, despite claims from some officials that Paris had stymied efforts to reach a deal.

US Secretary of State John Kerry, who had cut short a Middle East tour to join the talks, said "significant progress" had been made.

"There's no question in my mind that we are closer now as we leave Geneva," he said, adding that Washington remained intent on ensuring that Iran does not obtain a nuclear weapon.

"We came to Geneva determined to make certain that Iran does not acquire a nuclear weapon. That remains our goal," Kerry said.

The talks involved the P5+1 group, which includes the five permanent members of the UN Security Council - Britain, China, France, Russia and the United States - plus Germany.

The draft deal said to be on the table could have seen Iran freeze parts of its nuclear program in exchange for the easing of some of the sanctions that have battered its economy.

The world powers in the talks suspect Iran's program is aimed at developing nuclear weapons, despite Tehran's repeated denials.

Rouhani - whose election is widely credited with kick-starting the nuclear talks - earlier urged world powers to seize what he called "an exceptional opportunity" for a deal.

Reports said the proposed deal could have seen Iran stop enriching uranium to 20 per cent, which is just a few technical steps from weapons-grade, reduce existing stockpiles and agree not to activate its plutonium reactor at Arak.

Global powers would have in exchange taken limited and "reversible" measures to ease sanctions, such as unfreezing some Iranian funds in foreign accounts.

Iran is anxious for relief from crippling US and European Union economic sanctions that have cut oil revenues by more than half, caused the value of its currency to plunge and pushed inflation above 40 per cent.

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