Sanctions can be a powerful tool in the hands of someone who knows how to use them properly. Iran had to implement the nuclear deal that led to the lifting of crippling economic sanctions imposed by the EU and US. The European Union dropped all sanctions whereas the United States lifted only some of them. At present, Iran is signing new contracts and launching joint projects in an attempt to return to the international market.
The Society for the Worldwide Interbank Financial Telecommunications, SWIFT, has recently removed the curbs from Iran’s banks. The news was announced by the governor of the Central Bank of Iran. He said that the SWIFT sanctions imposed on the country’s banks and their branches were lifted.
“Reconnection to the system will happen without any restrictions and discrimination inside and outside of Iran,” the central bank said.
Earlier, the International Atomic Energy Agency (IAEA) said that the country’s authorities were ready to implement the nuclear program. Thus, six countries of the UN Security Council finally achieved their goal.