loans from deliveries of goods to Iran can basically be hedged with state export credit guarantees again – so-called Hermes guarantees. The same applies to investment hedges. Basic is the entry of the Implementation Day after Wiener nuclear deal. The International Atomic Energy Agency confirmed on 16 January 2016 that Iran has complied with its obligations to break down its nuclear program In return, the US and the EU have reserved parts of their imposed sanctions for years, admittedly subject to the proviso, this imposing again if Iran should continue to infringing its obligations under the Vienna nuclear deal.

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