January 16, 2016

World Powers Lift Sanctions on Iran

By Ilan Goldenberg

Source: Foreign Policy

Journalist(s) John Hudson

The United States and other world powers lifted a raft of crushing sanctions against Iran on Saturday as a landmark nuclear deal with Tehran took effect. Hours earlier, Iran released five Americans it had detained, including Washington Post reporter Jason Rezaian.

The sanctions relief move hastens Tehran’s return to the global economy and gives the Islamic Republic access to more than $50 billion in assets frozen in accounts around the world.

The move was triggered by a report from the International Atomic Energy Agency verifying that Tehran has placed curbs on its nuclear program as agreed to in the deal in July between the United States, Britain, France, Germany, Russia, China, and Iran.

Read the full article in Foreign Policy.

  • Ilan Goldenberg

    Senior Fellow and Director, Middle East Security Program

    Ilan Goldenberg is Senior Fellow and Director of the Middle East Security Program at the Center for a New American Security. He is a foreign policy and defense expert with ext...