Four major European powers signal readiness to lift Iran sanctions

WORLD, June 15 (YPA)  – Four major European powers welcomed a memorandum of understanding (MoU) announced by Tehran and Washington on Monday morning, saying they are ready to lift sanctions against Iran.

The leaders of the United Kingdom, France, Germany and Italy issued a joint statement issued a joint stamen haling the MOU and offering to lift relevant sanctions in response to “clear, verifiable nuclear steps”.

The E4 called for urgent reopening of the Strait of Hormuz.

They also expressed full support for Lebanon’s stability, sovereignty and territorial integrity and backed a robust ceasefire in the Arab country.

In a statement earlier on Monday, Iran’s Supreme National Security Council announced that the country had reached a memorandum of understanding with the United States to end the war following months of intensive negotiations, adding that the agreement would take effect starting tonight.

US President Donald Trump also announced earlier on Monday that an agreement with Iran had been finalized, congratulating all parties involved in the negotiations that led to the understanding.

In a post on Truth Social, Trump said he had authorized the reopening of the Strait of Hormuz to international shipping and trade without transit fees, alongside the immediate lifting of the US naval blockade on Iran.

Pakistani Prime Minister Shehbaz Sharif said earlier on Monday that the United States and Iran had reached a peace agreement following intensive negotiations, adding that both sides had agreed to an immediate and permanent ceasefire across all fronts, including Lebanon.

The signing ceremony is set to take place in Switzerland.

@E.Y.M