Iran paved the way for sanctions relief by agreeing to help end a contentious nuclear investigation, removing one of the final hurdles to an atomic deal that could see Iranian oil return to markets by the third quarter.
The agreement was announced on Saturday in Tehran between International Atomic Energy Agency Director General Rafael Mariano Grossi and Iran’s nuclear chief Mohammad Eslami. Potentially, it represents a key step toward restoring a 2015 agreement that curbed the Islamic Republic’s nuclear program in exchange for sanctions relief.
“We reviewed the outstanding issues and reached the conclusion to exchange necessary documents between the Atomic Energy Organization and the IAEA by May 21 at the latest,” Eslami said. “These issues should be resolved by the day of return to the nuclear deal.”