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Friday, December 18, 2015

US poised to lift sanctions on Iran under nuclear deal

U.S. response to Tehran's recent ballistic missile test.

Secretary of State John Kerry said in a letter Wednesday to the Senate Foreign Relations Committee that Iran is fulfilling its obligations under the international agreement in what Kerry calls a "transparent" and "verifiable" way, and that "suspension of sanctions ... is appropriate."

The committee's top Democrat, Maryland Sen. Ben Cardin, said at a hearing Thursday that it appears that sanctions relief could start as early as January, not in the spring as initially anticipated.

The deal involving the United States, Iran and five other world powers would curb Iran's nuclear activities in exchange for giving Iran access to billions in frozen assets and oil revenue. (READ MORE)