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Trump resumed canceled sanctions against Iran

The sanctions will be resumed in two stages
22:30, 6 August 2018

Reuters

American President Donald Trump signed a decree on restoring sanctions against Iran, which were canceled in January 2016. Ukrinform reports.

‘The restrictions are introduced in the context of the decision of the President from May 8, 2018, on termination of participation of the US in the Joint Comprehensive Plan of Action and restoring all sanctions canceled or suspended in connection with JCPOA,’ reads the message.

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It is noted that the sanctions will be restored in two stages. The first package of restrictions will concern car market, precious metals, public debt, software, financial transactions will come into force at night on August 7.

The second package of sanctions will concern oil export from Iran and will come into force from November 4.

As it was reported, in response to the introduced by the US sanctions against Iran, the EU adopted a decree, which blocks these sanctions on their territory.

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Reportedly, yet in May, Trump stated on the exit from Iranian deal and resume of the sanctions against Tehran.

JCPOA or Iranian Nuclear Agreement was signed between the USA, the UK, France, China, Russia, Germany, and Iran in 2015. The agreement provided the cancel of sanctions against Tehran in exchange for Iran's denial from the nuclear weapon programs.

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