Following the nuclear agreement with the P5+1 group, Iran has started to implement it’s part of the deal, by halting enrichment of uranium at nearly 20-percent level on Jan. 20.

The same day, the U.S. Treasury Department said the country eased some sanctions on Iran, pausing efforts to reduce Iranian crude oil exports, as part of a nuclear deal. The EU fulfilled its part of the deal as well – by suspending some economic sanctions on Iran.

Iran was given a 6-month sanctions relief in return for curbing some of its nuclear activities. The P5+1 urged the IAEA, which monitors Iran’s nuclear activity, to keep its nuclear inspectors in Iran for six months permanently, but IAEA said that there is not need for that.

… Speaking with Trend previously, Senior fellow at Nanyang Technological University’s S. Rajaratnam School of International Studies, James M. Dorsey said that while a permanent IAEA presence over the next six months is not an indispensable and essential action, it would certainly enhance confidence and strengthen Iran’s negotiating position.