EU official: Relations with Iran entering key stage
- 9 years ago
Relations between Iran and the European Union are at a "determining stage" after Tehran's landmark nuclear deal with world powers in July, European Parliament chief Martin Schulz said on Saturday.
"We are now at the implementation stage of this agreement and at the end of this stage a door can be opened for economic cooperation and positive economic development," he said at a news conference in Tehran with Iran's parliament speaker Ali Larijani.
The EU announcement came shortly after President Barack Obama ordered the US government to also take steps towards lifting sanctions on Iran.
The EU and US sanctions have proved very damaging, locking up billions in Iranian assets overseas and starving the oil-dependent economy of crucially needed technology and investment.
"We are now at the implementation stage of this agreement and at the end of this stage a door can be opened for economic cooperation and positive economic development," he said at a news conference in Tehran with Iran's parliament speaker Ali Larijani.
The EU announcement came shortly after President Barack Obama ordered the US government to also take steps towards lifting sanctions on Iran.
The EU and US sanctions have proved very damaging, locking up billions in Iranian assets overseas and starving the oil-dependent economy of crucially needed technology and investment.