"For Iran, the move lifts Western economic sanctions that have been in place for years, unlocking access to $100 billion in frozen assets and unleashing new opportunities for its battered economy.
“The multinational economic and financial sanctions related to Iran’s nuclear program are lifted,” Federica Mogherini, the European Union’s foreign policy chief, said in a joint statement also read in Farsi by Iranian Foreign Minister Mohammad Jawad Zarif.President Barack Obama signed executive orders lifting economic sanctions on Iran and Mogherini said the EU had lifted its nuclear-related sanctions as well."
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