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Tokyo to lift sanctions on Tehran: FM

Xinhua, January 22, 2016 Adjust font size:

Japanese Foreign Minister Fumio Kishida said here Friday that Japan has decided to lift its sanctions on Iran after the International Atomic Energy Agency (IAEA) confirmed that Iran had implemented measures promised under the newly reached deal.

The minister said Japan would like to further develop its ties with Iran and a pact on investment negotiated between the two sides will be signed soon.

Fumio's remarks came after a cabinet meeting on Friday during which the Japanese government agreed to lift its sanctions on Iran's oil and gas sector.

The move by the Japanese government followed some European countries and the United States that have lifted part of their economic sanctions against Iran and companies from the countries are making efforts to enter the market.

Iran and other six powers including Britain, China, France, Germany, Russia and the United States, reached an agreement over the Iranian nuclear issue as the deal would secure that Iran would not obtain a nuclear weapon under international monitor and, in exchange, the countries will relieve their sanctions on Iran. Enditem