Lifting the sanctions will unfreeze billions of dollars of assets and allow Iran’s oil to be sold internationally.
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Iran reached agreement with the five permanent members of the U.N. Security Council – the United States, Russia, China, France and the United Kingdom – plus Germany in July to reduce its nuclear stockpile and agree to IAEA inspections to make sure its nuclear program would be used only for peaceful purposes.
Iran’s President Hassan Rouhani said Sunday that the official implementation of the landmark nuclear deal between Tehran and six world powers has satisfied all parties except Israel and hardliners in the US.
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US Secretary of State John Kerry’s remarks on Implementation Day…
Pointing to the US’ response to the missile program in Iran, Porter maintained Washington’s rhetoric against the Islamic Republic’s missile tests seems to be a “phony argument” for domestic use and to convince Saudi Arabia that the United States is still an anti-Iranian power.
Some sanctions, not linked to the accord, will remain in place however, including European sanctions linked to human rights and U.S. sanctions linked to terrorism.
The International Atomic Energy Agency (IAEA), a United Nations nuclear watchdog group, announced on Saturday that Iran had fulfilled its obligations under the agreement, which included shipping out 25,000 pounds of enriched uranium and dismantling elements of its nuclear program. While Obama emphasized that the USA continues to have deep concerns about Iran’s destabilizing actions in the Middle East and its threats to Israel, he also opened up the prospect of Tehran working more cooperatively with the rest of the world.
Prime Minister Benjamin Netanyahu’s office issued a statement on January 16 saying Tehran has not given up its bid to acquire nuclear weapons and remains a destabilizing force in the Middle East.
Iran’s budget had been ready and printed for weeks, but Rouhani decided not to present it until the nuclear deal was implemented because it was based on sanctions being lifted. “Iran will likely need to keep much of those assets overseas to facilitate global trade”, he said.
“Relations between Iran and the IAEA now enter a new phase”, said IAEA director general Yukiya Amano.
“Thanks to years of hard work and committed dialogue”, he said, “we have made vital breakthroughs related to both the nuclear negotiations and a separate long-term diplomatic effort” that led to the freeing of the Americans.
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The nuclear deal is opposed by all of the Republican candidates vying to succeed Obama in the US presidential election in November.
