Post by Logan on Jan 16, 2016 21:36:04 GMT -6
Economic sanctions that crippled Iran’s economy for years were lifted Saturday after world powers determined the Islamic republic has complied with a landmark deal aimed at preventing it from building a nuclear bomb.
Tens of billions of dollars will soon be available to Iran, as well as access to the international banking system and global market for the sale of oil and gas. President Obama immediately issued an executive order canceling some sanctions levied by the U.S., though others unrelated to Iran's nuclear program will remain in place.
Following a day of surprise prisoner swaps and last-minute delays, U.S., Iranian and European officials gathered in Vienna, the headquarters of the United Nations’ nuclear watchdog, and signed off on Iran’s compliance, which includes its acceptance of routine inspections.
“We have reached implementation day,” Secretary of State John F. Kerry said in Vienna, referring to the fulfillment of the agreement. Hailing a “critical and auspicious milestone,” Kerry said the day signaled the “transition from an ambitious set of promises on paper” to real progress that “makes the world safer.”
Continue reading at www.latimes.com/world/middleeast/la-fg-iran-sanctions-vienna-20160116-story.html#nt=outfit .
Tens of billions of dollars will soon be available to Iran, as well as access to the international banking system and global market for the sale of oil and gas. President Obama immediately issued an executive order canceling some sanctions levied by the U.S., though others unrelated to Iran's nuclear program will remain in place.
Following a day of surprise prisoner swaps and last-minute delays, U.S., Iranian and European officials gathered in Vienna, the headquarters of the United Nations’ nuclear watchdog, and signed off on Iran’s compliance, which includes its acceptance of routine inspections.
“We have reached implementation day,” Secretary of State John F. Kerry said in Vienna, referring to the fulfillment of the agreement. Hailing a “critical and auspicious milestone,” Kerry said the day signaled the “transition from an ambitious set of promises on paper” to real progress that “makes the world safer.”
Continue reading at www.latimes.com/world/middleeast/la-fg-iran-sanctions-vienna-20160116-story.html#nt=outfit .