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Iran announced the lifting of arms embargo from the country

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The arms embargo against Iran expires on October 18, and the country can now sell and buy weapons. This is stated in a statement by the Iranian Foreign Ministry.
“All restrictions on the transfer of arms, related activities, as well as on the provision of financial services to Iran and Iran automatically cease to operate,” the diplomatic department said.
Also, from this day, the bans on entry into the territory of UN member states and transit through them, previously introduced against a number of Iranian civil and military officials, cease to be effective, the Iranian Foreign Ministry said.
“Today is a momentous day for the international community, which, despite US efforts, defended UN Security Council Resolution 2231 and the Joint Comprehensive Plan of Action (JCPOA),” the statement said.
The nuclear deal with Iran, also known as the Joint Comprehensive Plan of Action (JCPOA), was struck in 2015 between Tehran and the six international negotiators – Britain, Germany, China, Russia, the United States and France. According to the terms of the deal, an individual participant can restore UN sanctions against Iran in full if it considers that the terms of the deal have been violated.
The US pulled out of the deal in 2018. At the same time, Washington said that they retain the right of a participating member of the transaction in accordance with UN Security Council Resolution 2231.
In August 2020, US Secretary of State Mike Pompeo submitted a complaint to the chairman of the UN Security Council, in which it was said about Iran’s failure to comply with the terms of the JCPOA. Washington announced its desire to launch the procedure for restoring UN sanctions against Tehran, but the Security Council rejected the American draft resolution.

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