EU to scrap Iran sanctions on nuclear deal implementation day

  15 January 2016    Read: 1221
EU to scrap Iran sanctions on nuclear deal implementation day
The European Union will lift sanctions on Iran the same day that Tehran implements the agreement curbing its nuclear program, a European diplomatic source said Thursday.
This comes a day after Iranian Deputy Foreign Minister Abbas Araqchi said the full implementation of Tehran’s July nuclear deal with six world powers would take place by Sunday.

"It will be a Council decision [effective] on the day of implementation," the diplomat told RIA Novosti. "The decision will be adopted by the written procedure. It will be closed as soon as it is clear when the adoption day will happen."

In July 2015, Iran and the six international mediators – Russia, China, the United States, France the United Kingdom and Germany – signed a historic deal on Tehran`s nuclear program. The pact guarantees the peaceful nature of Iran`s nuclear activities in exchange for sanctions relief.

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