Economy, Domestic Economy

57% of Post-JCPOA Deals Put Into Effect

57% of Post-JCPOA Deals Put Into Effect57% of Post-JCPOA Deals Put Into Effect

Iran has signed some $4.2 billion worth of industrial and commercial agreements with European countries after signing last year's nuclear deal with P5+1 (the five permanent members of the UN Security Council plus Germany), also known as the Joint Comprehensive Plan of Action, an advisor to the minister of industries, mining and trade, said.

"More than 57% of these agreements, amounting to $2.4 billion, have been put into effect," Behrouz Riyahi was also quoted as saying by IRNA.

The JCPOA reached in Vienna, Austria, on July 14, 2015, saw the lifting of economic sanctions against Iran on the one hand and enforcement of limits on the country's nuclear program on the other. The landmark agreement was implemented on January 16 this year.