Iranian President: West agrees to lift all sanctions

Iranian President: West agrees to lift all sanctions

The countries involved in negotiations on renewing the nuclear deal with Iran had agreed to lift all major sanctions on Iran, Iranian President Hassan Rouhani announced on Thursday, according to the Iranian Fars News Agency.

"All parties to the talks have agreed to lift all major sanctions on oil, petrochemicals, shipping, insurance, the central bank and so on," he said.

"We have taken the main step and discussed the details. The main agreement has been reached. There are issues we are discussing to reach a final agreement," Fars News Agency cited Rouhani as saying.

Iran’s chief negotiator and deputy foreign minister, Abbas Araghchi said yesterday that U.S. and Iranian negotiators have reached a framework on an agreement, adding that there were still some differences on key issues and teams would return to their capitals for consultations.

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