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ARTICLE · 28 JANUARY 2016

Softening Sanctions Against Iran: A Canadian Perspective

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On January 26, 2016 Foreign Affairs Minister Stéphane Dion confirmed that Canada intends to normalize relations with Iran, and to begin lifting its Iranian economic sanctions.

CanadaInternational Law
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On January 26, 2016 Foreign Affairs Minister Stéphane Dion confirmed that Canada intends to normalize relations with Iran, and to begin lifting its Iranian economic sanctions. This comes just 10 days after "Implementation Day" arrived for the Iran Joint Comprehensive Plan of Action (JCPOA).

On January 16, 2016 the final pre-condition of the JCPOA was met by the International Atomic Energy Agency (IAEA) delivery of a report verifying that Iran had fulfilled its initial commitments under the JCPOA. That deal involved nuclear non-proliferation commitments by Iran in exchange for a lessening of sanctions against Iran by the European Union (EU) and the P5+1 (United States, United Kingdom, Russia, Germany, France and China). It is expected that the removal of sanctions, in particular by the EU and US, will significantly open up Iranian business opportunities.

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