Lifting of previously suspended sanctions against Iran
Bern, 12.8.2015 - The Federal Council welcomes the agreement reached by the E3/EU+3 (China, Russia, USA, Germany, France and the UK) and Iran to resolve the nuclear dispute. 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 12 August to lift the sanctions against Iran that had been suspended since January 2014 and to issue a new exemption clause. The amendment to the corresponding ordinance comes into effect on 13 August. The Federal Council wishes today’s steps to be seen as a sign of its support for the implementation of the nuclear agreement and its interest in deepening bilateral relations with Iran.