Top negotiators for Iran, the United States and other countries are converging Saturday on Vienna in anticipation of a crucial judgment on whether Iran has complied with an agreement to restrict its nuclear program in exchange for the lifting of some international economic sanctions.
The International
Atomic Energy Agency is expected to certify that Iran is indeed
fulfilling its commitments under the July deal, setting the stage for
the country's return to the embrace of the international community and
the global economic system.
A
positive report from the IAEA would herald the arrival of
"Implementation Day," when both the European Union and the United States
will lift some economic sanctions that have been imposed on the Islamic
Republic.
Iranian Foreign Minister
Javad Zarif appeared confident in a post to Twitter shortly after
arriving in Vienna that the milestone has been met. "#ImplementationDay,
it's now time for all -- especially Muslim nations -- to join hands and
rid the world of violent extremism. Iran is ready."
Iran anticipates return to global financial system
"Implementation Day" would mark a major milestone in the deal that Iran made in July
with six world powers, including the United States -- a deal intended
to prevent Tehran from developing nuclear weapons while allowing it to
continue a peaceful nuclear program and lift painful economic sanctions.
But
not all nuclear-related sanctions will be rescinded immediately -- that
won't happen for about 10 years, should the deal hold. But this month's
milestone will mean Iran will be able to sell its oil again on world markets and its banks will be able to connect to the global system.
Earlier
this week, Iranian Deputy Foreign Minister Abbas Aragchi said that his
country's foreign minister and the European Union's high commissioner
for foreign affairs would hold a news conference within two days of the
IAEA's report, with the intention of addressing immediate sanctions
removal.
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