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๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Elections & Politics

End of the war. Italy, France, Germany, and Britain are ready to lift sanctions on Iran

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • The US, Italy, France, Germany, and Britain are ready to lift sanctions on Iran following a US-Iran agreement.
  • The deal involves the US unfreezing $24 billion in Iranian assets and lifting oil sanctions.
  • Iran commits to nuclear non-proliferation, while its missile program is excluded from negotiations.

A significant diplomatic breakthrough appears imminent as the United States, Italy, France, Germany, and Britain signal their readiness to lift sanctions on Iran. This development follows President Donald Trump's announcement of an agreement with Iran, which includes the lifting of US restrictions on shipping in the Strait of Hormuz. Trump declared an end to the naval blockade, paving the way for the normalization of maritime transport and oil supplies through this vital global artery.

We warmly welcome the announcement of the memorandum of understanding between the US and Iran... We are ready to lift the relevant sanctions in response to clear, verifiable steps by Iran on its nuclear program.

โ€” Joint statement from Italy, France, Germany, and BritainEuropean nations express their willingness to ease sanctions following the US-Iran agreement.

Iran's state television announced that a deal has been reached with the US. The four European nations have jointly stated their willingness to remove sanctions in response to Iran's clear steps regarding its nuclear program. The specifics of the agreement, as detailed by Tehran, include the unfreezing of $24 billion in Iranian assets by Washington, with half to be released before the deal's signing. Furthermore, oil sanctions will be lifted, and no new ones will be imposed.

The agreement also stipulates that the US will not increase its forces in the Middle East. Alongside allies, Washington will propose an economic recovery plan for Iran valued at a minimum of $300 billion. In return, Iran commits to upholding the nuclear non-proliferation treaty and will not pursue nuclear weapons. Notably, Iran's missile program has been excluded from the US negotiations.

Immediate and permanent cessation of war and military operations on various fronts, including Lebanon, will be announced today. From this evening, the end of the US naval blockade against Iran begins.

โ€” Kazem GharibabadiIran's Deputy Foreign Minister on the de-escalation and lifting of the blockade.

Deputy Foreign Minister Kazem Gharibabadi confirmed the finalization of the memorandum of understanding, with official signing scheduled for Friday in Switzerland. He stated, "Immediate and permanent cessation of war and military operations on various fronts, including Lebanon, will be announced today. From this evening, the end of the US naval blockade against Iran begins." Gharibabadi emphasized that the memorandum does not imply trust in the adversary and is drafted with mutual distrust. All sanctions will be lifted upon a final agreement, with discussions on economic development and implementation mechanisms to follow within 60 days.

Congratulations to all! I fully authorize the duty-free opening of the Strait of Hormuz and simultaneously authorize the immediate lifting of the naval blockade of the United States. World ships, start your engines. Let the oil flow!

โ€” Donald TrumpPresident Trump's announcement regarding the opening of the Strait of Hormuz.
DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.