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by Institute for Global Dialogue

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Categories: Uncategorised

by Institute for Global Dialogue

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SA to resume relations with Iran

In July, Iran and six world powers – China, the United States, France, Britain, Russia and Germany – reached a deal stipulating to lift a 13-year sanctions and embargo on Tehran, in exchange for limiting its nuclear program.

The international community has since welcomed the agreement which was the fruit of 21 months of negotiation.

“The approach of South Africa is that we welcome the progress made in the P5 plus 1 – because it will afford us an opportunity for us to resume our bilateral engagements including in oil,” International Relations and Cooperation Deputy Minister Nomaindiya Mfeketo said on Wednesday.
Iran is the largest supplier of crude oil, however, South Africa was obliged to halt its imports of Iranian oil as of June 2012 as a result of sanctions.

Available: http://www.sanews.gov.za/world/sa-resume-relations-iran 

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