The world is now a little bit safer after crippling international sanctions on Iran have been lifted, after a watchdog confirmed it had complied with a deal to prevent it developing nuclear weapons.
Lifting the sanctions will unfreeze billions of dollars worth of assets and allow Iran to sell its oil internationally.
The EU foreign policy chief, Federica Mogherini, said the deal would contribute to improved regional and international peace and security.
The deal between Iran and world powers was agreed last July and the international watchdog, the IAEA, said its inspectors had confirmed that Tehran had taken the necessary steps.
As part of the deal, Iran had to heavily down-scale its nuclear program and dismantle a heavy-water reactor near Arak, which could be used to create nuclear weapons.
Top-secret negotiations between the U.S and Iran have also been taking place over the last 14 months to guarantee the release of four American citizens, including Washington Post reporter Jason Rezaian as part of an apparent prison swap.
Speaking in Vienna where he had been holding talks with his Iranian counterpart, U.S. Secretary of State, John Kerry said Iran had ‘undertaken significant steps’ which many people ‘doubted would ever come to pass’.
Iran has always said their nuclear programme is peaceful, but opponents to this deal say its not enough to ensure the country cannot develop a bomb.
#ImplementationDay–I thank God for this blessing & bow to the greatness of the patient nation of Iran. Congrats on this glorious victory!
— Hassan Rouhani (@HassanRouhani) January 16, 2016
Iran’s President Hassan Rouhani said the lifting of the sanctions ‘has opened a new chapter in its ties with the world’.
The deal will mean Iran will receive a massive boost in their economy, with the banking, oil and energy sectors all expected to profit massively.
This is definitely a step in the right direction towards achieving the ultimate goal of world peace.