Switzerland has lifted previously suspended sanctions against Iran, SIA reports.
Welcoming the nuclear agreement reached by the P5+1 (China, Russia, US, France, the UK, and Germany) and Iran on July 14, the Swiss Federal Council said in a statement on Wednesday: "This agreement opens up new political and economic prospects with Iran, including bilateral relations."
"Given this important turning point in the 12-year nuclear dispute, the Federal Council decided on August 12 to lift the sanctions against Iran that had been suspended since January 2014 and to issue a new exemption clause," the council said.
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