PARIS: The European Union (EU) will likely lift some sanctions imposed against Iran in December, however the move will be reversible, French Foreign Minister Laurent Fabius said on Monday.
The announcement came a day after Iran with the US and five other world powers struck a historic nuclear deal in Geneva which will last for the six-month period only allowing Iran to continue enriching uranium but only to five per cent that is enough for energy production, but not enough to produce material needed for the nuclear warheads.
In an interview on Monday, Fabius said that a meeting of EU foreign ministers will be held in coming few weeks wherein lifting some sanctions on Iran will be discussed.
However, the French Foreign Minister said that lifting of sanctions will be reversible.
