Tuesday March 20, 2018
Home Uncategorized EU adopts leg...

EU adopts legislative framework to lift sanctions against Iran


NewsGram Staff Writer

Brussels: The European Union (EU) adopted the legislative framework for lifting all of its nuclear-related economic and financial sanctions against Iran.

The announcement was made in a joint statement by EU foreign policy chief Federica Mogherini and Iranian Foreign Minister Mohammad-Javad Zarif on Sunday, Xinhua reported.

Noting that October 18 is Adoption Day of the Joint Comprehensive Plan of Action (JCPOA) related to the Iranian nuclear program, the statement said that the lifting of sanctions will take effect on Implementation Day, simultaneously with the International Atomic Energy Agency (IAEA)-verified implementation of agreed nuclear measures by Iran.

On July 14, Iran reached the JCPOA with P5+1, namely the US, Britain, France, Russia and China plus Germany, over its controversial nuclear program after more than 18 months of marathon talks.

The so-called “Adoption Day”, 90 days for the United Nations Security Council endorsed the Iranian deal. It means Iran and the P5+1 will start implementing the obligations under the Iranian nuclear deal.

“We have respected the timetable set out in the JCPOA, which demonstrates our collective will to stick to its provisions,” said the statement.”Iran will now start the implementation of its nuclear-related commitments with the objective of full and effective completion. The IAEA will make the necessary preparations for the monitoring and verification of these steps,” it said.

The Joint Commission foreseen under the JCPOA will now convene for its first meeting at the level of Political Directors on October 19 in Vienna, in order to further advance preparations for implementing the Joint Comprehensive Plan of Action, according to the statement.

US President Barack Obama earlier on Sunday ordered his administration to take steps to lift sanctions on Iran by implementing the Iranian nuclear deal reached in July.

Head of Atomic Energy Organization of Iran (AEOI) Ali-Akbar Salehi said on Sunday that the exact time for implementing the measures by Iran relating to JCPOA has not been decided so far, and it would be determined by president Hassan Rouhani.

According to the nuclear agreement between Iran and the world major countries reached on July 14 in the Austrian capital of Vienna, Iran would improve the transparency of its nuclear plan, downsize its capacity for uranium enrichment and do changes in the structure of its heavy water reactor in exchange for international and Western sanctions relief.

(With inputs from IANS)

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

Iran invites Pakistan to join Chabahar project with India

India, Iran and Afghanistan signed a trilateral agreement in 2016

Chabahar Port is of great international significance in terms of trade, especially for India. Wikimedia Commons
Chabahar Port is of great international significance in terms of trade, especially for India. Wikimedia Commons
  • Iran has invited Pakistan to join Chabahar port project
  • It is a very crucial port of great importance
  • India, Iran and Afghanistan have already signed a trilateral agreement in 2016

Iranian Foreign Minister Javad Zarif has invited Pakistan to participate in the Chabahar Port project that connects India to Afghanistan, Central Asia and Eastern Europe, a leading Pakistani daily reported on Tuesday.

Chabahar Port is built and operated by India. Wikimedia Commons

The move may be seen as Zarif’s bid to allay concerns here over the Indian involvement in the Iranian port, Dawn online reported. The Iranian minister also, meanwhile, extended the invitation to China.

“We offered to participate in the China-Pakistan Economic Corridor (CPEC). We have also offered Pakistan and China to participate in Chahbahar,” Zarif, who is on a three-day visit to Pakistan, said while delivering a lecture at the Institute of Strategic Studies Islamabad (ISSI) on Monday, according to the daily.

India, Iran and Afghanistan signed a trilateral agreement in 2016 to jointly develop the Chabahar port, opening a new strategic transit route between the three nations and other Central Asian nations, bypassing Pakistan. In November 2017, India delievered the first consignment of wheat to Afghanistan through the Chabahar Port.

Also Read: All You Need To Know About India’s Strategic Chabahar Port

Zarif had earlier held bilateral talks with his Pakistani counterpart Khawaja Asif and addressed a trade conference. The visiting Foreign Minister is being accompanied by a large trade delegation from Iran.

He also said that Gwadar Port and Chabahar Port needed to be linked through sea and land routes for development of deprived Eastern and South-eastern Iran and South Western Pakistan. “We are taking measures to do that and there is an open invitation to Pakistan to participate in that,” Zarif said.

Chabahar Port will make India's trade with Afghanistan easier. Wikimedia Commons
Chabahar Port will make India’s trade with Afghanistan easier. Wikimedia Commons

He also said that the Chabahar port project was not meant to “encircle Pakistan … strangulate anybody”, adding that Iran would not allow anybody to hurt Pakistan from its territory, much like Pakistan would not allow its soil to be used against Iran.

Zarif likened Iran’s relations with India to Pakistan’s ties with Saudi Arabia. “Our relations with India, just like Pakistan’s relations with Saudi Arabia, are not against Islamabad as we understand Pakistan’s relations with Saudi Arabia are not against Iran.” IANS