BREAKING NEWS

EU vows to ease sanctions as soon as Iran curbs nuclear work

BRUSSELS - European Union governments pledged on Monday to suspend some sanctions against Iran as soon as the UN nuclear watchdog verifies that Tehran has curbed its atomic work under last month's landmark agreement.
No date has been set for the deal between six world powers and Iran to take effect, and talks on implementing it ran into trouble last week after the United States expanded its sanctions against the Islamic Republic.
Under the accord, Iran is supposed to suspend its most sensitive nuclear work while governments in the United States and Europe ease some economic restrictions, in a first step towards a comprehensive settlement of the decade-old dispute.
"For its part, the Council is committed to ... suspend those EU sanctions as set out in the (agreement) immediately after the IAEA has verified the implementation of the nuclear-related measures by Iran," they said.