Skip to main content

Rouhani claims US has agreed to lift key Iran sanctions

Iran's president said the United States has agreed to remove substantial economic sanctions against the Islamic Republic following marathon talks in Vienna.

Police guard the Grand Hotel on the day the JCPOA Iran nuclear talks are to resume on April 27, 2021, in Vienna, Austria. Representatives from the United States, Iran, the European Union and other participants from the original Joint Comprehensive Plan of Action (JCPOA) are meeting both directly and indirectly over possibly reviving the plan. The JCPOA was the European-led initiative by which Iran agreed not to pursue a nuclear weapon in exchange for concessions, though the United States, under the administ
Police guard the Grand Hotel on the day the JCPOA Iran nuclear talks are to resume on April 27, 2021, in Vienna, Austria. Representatives from the United States, Iran, the European Union and other participants from the original Joint Comprehensive Plan of Action (JCPOA) are meeting both directly and indirectly over possibly reviving the plan. The JCPOA was the European-led initiative by which Iran agreed not to pursue a nuclear weapon in exchange for concessions, though the United States, under the administration of former US President Donald Trump, abandoned the deal and intensified sanctions against Iran. — Thomas Kronsteiner/Getty Images

President Hassan Rouhani declared that an agreement in principle has been reached with the United States under which Washington will remove a series of crippling sanctions against Tehran.

At a televised Cabinet meeting May 20, Rouhani said the relief will cover oil and petrochemical industries, shipping, insurance and banking sectors. The Iranian president noted there are only some details that need to be negotiated.

The comments came one day after Iranian negotiators concluded a fourth round of talks in Vienna with representatives from the United Kingdom, France, Russia, China and Germany. Nearly all the parties, including the EU representative — as the chairman of the meeting — signaled optimism toward a deal. The negotiators now return to their respective capitals for "final consultations" before clinching a final agreement.

The United States has been indirectly engaged in the talks, which are aimed at reviving the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA). Washington demands that Tehran resume its full compliance with the JCPOA, including by terminating its 60%-level uranium enrichment. In return, Iran has been demanding a full removal of all sanctions that were reinstated after the former US administration walked away from the accord in 2018.

SUBSCRIBER EXCLUSIVE

Continue reading this exclusive analysis

Original reporting and analysis unavailable elsewhere. Subscribe to AL-MONITOR to read this story and access everything we publish