Bank Of Baku

Iran sanctions lifted over nuclear deal

Iran sanctions lifted over nuclear deal
# 16 January 2016 22:16 (UTC +04:00)

Baku-APA. International sanctions on Iran have been lifted after its compliance with obligations under its nuclear agreement with world powers was certified, APA reports quoting BBC.

 

The EU foreign policy chief, Federica Mogherini, announced the lifting of sanctions in accordance with the deal "as Iran has fulfilled its commitment".

 

The international nuclear watchdog, the IAEA, said its inspectors had verified that Iran had taken the required steps.

 

A deal between Iran and world powers was agreed last July.

 

The IAEA's Director General Yukiya Amano said it was "an important day for the international community".

 

Lifting the international sanctions on Iran will unfreeze billions of dollars of assets and allow Iranian oil to be sold internationally.

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