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EU: Lifting sanctions off Iran – important step for region

Nuclear Program Materials 18 January 2016 15:35 (UTC +04:00)
Lifting sanctions off Iran is an important step “in the right direction” for the entire region, EU foreign policy chief Federica Mogherini said.
EU: Lifting sanctions off Iran – important step for region

Baku, Azerbaijan, Jan. 18

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Lifting sanctions off Iran is an important step "in the right direction" for the entire region, EU foreign policy chief Federica Mogherini said, RIA Novosti reported Jan. 18.

Iran and the P5+1 group implemented a Joint Comprehensive Plan of Action (JCPOA) on Jan.16, which eliminated sanctions on the country, including the restrictions over banking sector, releasing blocked assets abroad, etc.

On this day, the International Atomic Energy Agency (IAEA) submitted a report confirming the readiness of the country's authorities to implement the program, on a significant reduction of its nuclear potential, created for it by long negotiations. Later, the EU and the US have confirmed Iran's withdrawal from the economic and financial sanctions related to its nuclear program.

"What we did on Saturday in Vienna - is a big and important step 'in the right direction' for the entire region, not only for the security in the world in terms of Iran's nuclear program," Mogherini said.

"We have shown that even under the most difficult relationship, positive results can be achieved through dialogue, diplomacy, and cooperation," she said upon arrival at the new year's first scheduled meeting of foreign ministers of 28 EU countries in Brussels.

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