The United States and Iran are not quite at the finish line, but are very close to a deal to resolve their conflict, Reuters reports citing a senior US official.

“The negotiating team has got us in a very good spot, but let’s see here, we’re not quite at the finish line yet, but we are very close,” the US official, speaking on the condition of anonymity, tells reporters.

They add that the terms agreed upon accomplish US President Donald Trump’s core objectives and “get it in a very, very good place at the end of it”.

Iran’s highly enriched uranium would also be destroyed on site and then taken out of the country, the official says.

“The Iranians don’t get anything upon the signing of the MOU or upon the negotiation itself,” the official explains. “They get rewarded economically for complying with their obligations under the deal.

“So if they turn over the nuclear material as promised, they’ll get something. If they dismantle their nuclear program or their nuclear facilities, they’ll get something else.”