News ID: 129471
Published: 0657 GMT October 21, 2015

Switzerland plans easing Iran sanctions

Switzerland plans easing Iran sanctions

The Swiss government said it plans "in principle" to ease sanctions against Iran in line with the European Union and the United Nations following an international accord on Tehran's nuclear program.

 

The Federal Council said on Wednesday it has instructed the Economy Ministry to prepare changes to the measures taken against the Islamic Republic, which "open new perspectives for cooperation with Iran," AP reported.

The Swiss government said its sanctions would remain until Iran carried out an "action plan" outlined in that accord.

US President Barack Obama on Monday signed an order directing his administration to take steps toward lifting sanctions on Iran in accordance with the JCPOA.

In Brussels, the European Union also on Sunday published legal acts that open the way for the bloc to lift sanctions.

   
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