Iceland lifts nuclear-related sanctions against Iran

Icelandic foreign minister Gunnar Bragi Sveinsson on Tuesday signed a regulation to remove all economic and financial restrictive measures against Iran related to nuclear issues.

This was done in the wake of the UN nuclear agency's confirmation of Tehran's compliance with the historic nuclear deal reached last summer, according to a statement issued on the foreign ministry's website.

"There is a reason to celebrate this milestone, which proves that trade sanctions can have a real impact on the international scene. International cooperation and negotiation is a more successful way to resolve the dispute than gunfire," said Sveinsson in the statement. Endit