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Nuclear sanctions on Iran to be lifted if it meets deal

Iranian Foreign Minister Mohammad Javad Zarif attends a press conference on the announcement of an agreement on Iran nuclear talks on April 2, 2015 in LausanneA raft of biting global sanctions imposed on Iran for its suspect nuclear activities will be lifted over time, if the Islamic republic sticks to the terms of a final deal with global powers. Under a framework struck Thursday, the US and EU will lift all nuclear-related sanctions after the UN atomic watchdog, the IAEA, has verified that Iran has taken key steps laid out in the final comprehensive deal. “In return for Iran’s future cooperation, we and our international partners will provide relief in phases from the sanctions that have impacted Iran’s economy,” said US Secretary of State John Kerry. The United Nations will also lift past nuclear-related sanctions “simultaneous with the completion, by Iran, of nuclear-related actions addressing all key concerns,” the State Department said in a fact sheet.

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