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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