Iceland lifts Iran nuclear sanctions

IAEA chief Yukiya Amano (middle), Iranian Foreign Minister Mohammad Javad …

IAEA chief Yukiya Amano (middle), Iranian Foreign Minister Mohammad Javad Zarif (left) and EU foreign policy chief Federica Mogherini (right). Photo: AFP

Iceland has lifted economic and financial sanctions against Iran after the country was given a clean bill of health in the field of nuclear energy by the International Atomic Energy Agency (IAEA).

Icelandic Foreign Minister Gunnar Bragi Sveinsson signed a regulation yesterday lifting all sanctions in place against Iran related to nuclear-energy issues.

The IAEA has recently confirmed that Iran is now in compliance with all of its nuclear commitments. The conditions for such recognition were set out in a Joint Comprehensive Plan of Action concluded last July between Iran, China, the European Union, Russia, and the United States.

“We welcome this milestone, which proves that sanctions can have a real effect on the international scene,” says Sveinsson in a Foreign Ministry press release.

“Negotiation and international institutional strength are much more successful ways to resolve disputes than gunfire.”

Other Icelandic sanctions against Iran, involving for instance human-rights issues, Iran’s support for terrorist activity, and other non-nuclear issues, remain in force.

Gunnar Bragi Sveinsson.

Gunnar Bragi Sveinsson. Photo: AFP

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