Switzerland on Thursday lifted several already suspended
economic sanctions against Iran, following last month’s historic deal between
Tehran and world powers on the Iranian nuclear programme. Citing the “important
turning point in the 12-year nuclear dispute”, the Swiss government said it had
decided to lift some sanctions against Iran that had already been suspended in
January 2014. It decided to lift the ban on precious metals transactions with
Iranian state bodies, as well as the requirement to report all trade in Iranian
petrochemical products. It also lifted requirements to report the transport of
Iranian crude oil and petroleum products, as well as insurance policies taken
out in connection with such transactions. Switzerland, which has been
representing US interests in Iran since Washington and Tehran broke off
diplomatic relations in 1979, said the steps should “be seen as a sign of its
support for the implementation of the nuclear agreement and its interest in
deepening bilateral relations with Iran.”The agreement with Tehran, reached in
Vienna by the UN Security Council’s five permanent members — Britain, China,
France, Russia and the United States, plus Germany, provides for a progressive
and conditional lifting of crippling international sanctions, in exchange for
guarantees that the Islamic republic will not develop a nuclear bomb. Other
countries have yet to lift sanctions against Iran, pending verification that
the country is complying with the July 14 agreement. The Swiss government also
stressed that “the vast majority of international sanctions against Iran,
including all of the sanctions adopted by the UN Security Council, will remain
in force for the time being,” and said it would re-impose the lifted sanctions
if Iran failed to follow through on the deal.
Has laoreet percipitur ad. Vide interesset in mei, no his legimus verterem. Et nostrum imperdiet appellantur usu, mnesarchum referrentur id vim.
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