EU\'s Mogherini expects Iran nuclear deal to be implemented \'rather soon\'

Friday 08/01/2016
No set date for sanctions relief

PRAGUE - EU foreign affairs chief Federica Mogherini said Monday she expected the Iran nuclear deal to be implemented "rather soon" with Tehran on track to meet its pledge to put a bomb beyond its reach.

"My expectations are that this day could come rather soon," Mogherini told reporters in Prague.

"The implementation of the agreements is proceeding well, it's encouraging," she added.

US Secretary of State John Kerry said last week that the implementation of the July 2015 nuclear deal may be only "days away".

The European Union and the United States have begun preparations to drop their nuclear-related sanctions on Iran, but will not do so until "implementation day" -- after the UN nuclear watchdog IAEA verifies that Iran has met the terms of the deal.

"There is not a fixed date yet," Mogherini said.

EU and US sanctions have proved very damaging for Iran, locking up billions of dollars in assets overseas and starving the oil-dependent economy of crucially needed technology and investment.