EU and US ease some sanctions against Iran - aljazeera

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21.01.2014, 11:35

The European Union and the United States have suspended a range of sanctions against Iran after Tehran began implementing a deal to curb its nuclear programme.

EU and US ease some sanctions against Iran - aljazeera

YEREVAN, January 21. /ARKA/. The European Union and the United States have suspended a range of sanctions against Iran after Tehran began implementing a deal to curb its nuclear programme.

The move eases restrictions on trade in petrochemicals and precious metals and on the provision of insurance for oil shipments, among other measures.

In the US, the Treasury Department said that now that Iran has fulfilled its initial nuclear commitments under the deal, "the administration has taken the necessary steps to pause efforts to further reduce Iranian crude oil exports".

An EU statement on Monday said the bloc had "suspended certain EU restrictive measures against Iran for a period of six months". –0--

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