Iran nuclear deal paves way to lift central bank sanctions

Nuclear deal allows for sanctions to be lifted once final agreement reached

Cooling towers at a nuclear power station

A last-minute deal on Iran's nuclear programme, struck late last week, has paved the way for sanctions on the Central Bank of Iran to be lifted.

Following tense negotiations that at times seemed poised to fall apart, the UN's ‘permanent five' – China, France, Russia, UK and US, plus Germany – agreed a deal with Iran that would see its nuclear programme restricted to civil purposes for at least 15 years.

Iran has been subject to tough sanctions from both the US and European Union since late 2011

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