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UN endorses Iran deal, paves way to lift sanctions

The UN Security Council on Monday unanimously adopted a resolution that endorses the historic deal on Iran`s nuclear program and clears a path for international sanctions crippling its economy to be lifted.



United Nations: The UN Security Council on Monday unanimously adopted a resolution that endorses the historic deal on Iran`s nuclear program and clears a path for international sanctions crippling its economy to be lifted.

Representatives of all 15 countries on the council voted by raising their hands.

"The draft resolution has been adopted unanimously," announced New Zealand`s Foreign Minister Murray McCully, who presided over the Security Council for the Iran meeting.

The passing of the resolution marks formal UN endorsement for the hard-won, groundbreaking agreement reached between Iran and the so-called P5+1 group after 18 straight days of talks that capped almost two years of momentous negotiations.

On condition that Iran respects the agreement to the letter, seven UN resolutions passed since 2006 to sanction Iran will be gradually terminated, according to the text.

The agreement with Tehran was reached last Tuesday in Vienna by the UN council`s five permanent members Britain, China, France, Russia and the United States plus Germany.

The text launches a progressive and conditional lifting of sanctions, in exchange for guarantees that the Islamic republic will not develop a nuclear bomb.

"When our nations truly unite to confront global crises, our influence grows exponentially," said US ambassador Samantha Power, calling for similar collaboration on other problems such as the suffering in Syria.

"It should motivate us to do far more," she added.

China`s ambassador Liu Jieyi also welcomed the vote and called it "the first important step" towards implementing the deal reached in Vienna.

The resolution calls for "full implementation on the timetable established" of the agreement and urges UN member countries to facilitate the process.

The council charges the UN nuclear watchdog, the International Atomic Energy Agency, to "undertake the necessary verification and monitoring of Iran`s nuclear commitments."

Those commitments include limiting the number of centrifuges for its fissile material. The resolution demands that Iran "cooperate fully" with the IAEA.

As soon as the council receives an IAEA report confirming that the nuclear program is entirely peaceful, the seven UN sanctions resolutions against Tehran will be terminated and replaced by the terms of Monday`s resolution.

Those sanctions to be lifted include a ban on the trade of goods or services linked to Iranian nuclear activities, and the freezing of financial assets of designated Iranian officials and companies.

But embargoes on the sales and exports of conventional weapons and ballistic missile technology will remain in place -- for five years for conventional weapons and for eight years for missile technology.

If Tehran violates any of its engagements, the council can initiate proceedings to reinstate its panoply of sanctions.

From Zee News

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