The EU extends a freeze on sanctions against Iran for another two weeks, clearing the way for their complete end once the UN certifies Tehran is complying with the terms of a historic nuclear deal.
The International Atomic Energy Agency (IAEA) is expected to announce shortly, possibly as early as tomorrow, that Iran can no longer acquire nuclear weapons — as agreed with world powers in July.
“The (European) Council extended until 28 January 2016 the suspension of certain EU restrictive measures against Iran specified in the Joint Plan of Action of November 2013,” the EU’s foreign affairs service says in a statement.
The EU says the suspension would allow for “continuous preparations” for the implementation of the July deal and lifting of the sanctions.
“As soon as the IAEA confirms that Iran has taken the nuclear measures… (the EU) will give effect to the lifting of all EU economic financial sanctions taken in connection with the Iranian nuclear program, which will supersede the limited sanctions relief extended today.”
— AFP
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