29 Feb 2024
Tuesday 18 August 2015 - 09:50
Story Code : 176483

Minister says impact of sanctions lifting to be seen in 3-4 months

Tehran, Aug 17, IRNA Minister of Economy Ali Tayebnia said on Monday that the effect of sanctions elimination will be evident in the next three to four months.

Tayebnia told a group of officials in Hamedan, 'The success gained in the nuclear talks is unique worldwide. True, the effect of sanctions lifting is not yet evident, but we hope the positive result of the lift of sanctions will be clear in the next three to four months.'
He said that the government is determined to make careful and expert-wise planning to eliminate economic problems facing the country.
He said government focuses on improvement of business, reformation of the banking and taxation system.
Representatives and nuclear experts from Iran and the P5+1 group of world powers the United States, Britain, France, Russia and China plus Germany succeeded in finalizing the text of the Joint Comprehensive Plan of Action (JCPOA) in the Austrian capital, Vienna, on July 14 after 18 days of intensive negotiations and all-nighters that capped around 23 months of talks between Iran and the six countries.
Under the JCPOA, limits will be put on Irans nuclear activities in exchange for, among other things, the removal of all economic and financial bans, against the Islamic Republic.

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