Iran begins a post-sanctions era

Iranian President Hassan Rouhani attends a press conference in Tehran, Iran, on Jan. 17, 2016. Rouhani on Sunday called on international enterprisers to participate in its economy after the comprehensive deal on Tehran's nuclear program officially took effect on Saturday. (Xinhua/Ahmad Halabisaz)

Iranian President Hassan Rouhani attends a press conference in Tehran, Iran, on Jan. 17, 2016. Rouhani on Sunday called on international enterprisers to participate in its economy after the comprehensive deal on Tehran’s nuclear program officially took effect on Saturday. (Xinhua/Ahmad Halabisaz)

Iran took a huge step toward ending its international isolation after the United Nation’s atomic watchdog “IAEA” confirmed Iran was carrying out measures agreed under the deal.

European Union Foreign Affairs Chief Federica Mogherini said that the economic sanctions against Iran were lifted now that the country has joined the UK, United States, France, Germany, China, Russia and the EU in “the field of peaceful users” of nuclear energy, according to AFP.

Iranian President Hassan Rouhani on Sunday hailed the lifting of international sanctions on his country. “We Iranians have reached out to the world in a sign of friendliness, and leaving behind the enmities, suspicions and plots, have opened a new chapter in the relations of Iran with the world,” the official IRNA news agency quoted him as saying.

“The implementation of the JCPOA is not a loss for any country,” Rouhani said, referring to the “Joint Comprehensive Plan of Action”, the official name for Tehran’s nuclear agreement with the United States, Britain, China, France, Germany, and Russia.

“The friends of Iran are happy and its competitors need not worry, we are not a threat to any government or nation. We are a messenger of peace, stability and security in the region and the world.” Rouhani added.

After the announcement Rouhani took to Twitter to celebrate the decision using the hashtag #ImplementationDay, saying, “I thank God for this blessing & bow to the greatness of the patient nation of Iran. Congrats on this glorious victory!” That hashtag was also used by Iranian Foreign Minister Mohammad Javad Zarif on his Twitter account after arriving in Vienna for the conference, writing, “#ImplementationDay, it’s now time for all — especially Muslim nations — to join hands and rid the world of violent extremism. Iran is ready.” He also added, “We’re getting to #ImplementationDay. Nothing serious. Diplomacy requires patience, but we all know that it sure beats the alternatives.”

Iranian newspapers largely welcomed the implementation of the deal, with the state-owned IRAN daily writing on its front-page: “The collapse of sanctions.”

But Ghanbar Naderi, an editor of the Kayhan newspaper, said the lifting of sanctions came “too little, too late”.”This should have been done four years ago,” he told Al Jazeera, pointing to many problems within the Iranian economy, including inflation and high unemployment.

This deal doesn’t mean that all nuclear-related sanctions will be rescinded immediately for Iran, that won’t happen for about 10 years. But this month’s milestone means that Iran will be able to sell its oil again on world markets and its banks will be able to connect to the global system.

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