The EU expects sanctions on the Islamic Republic to be lifted shortly as Iran’s efforts to implement the July 2015 nuclear deal are proceeding in line with the terms of the agreement and according to the schedule, reported ABC News. There was no firm date set for the sanctions to be lifted yet, the EU’s Foreign Policy Chief, Federica Mogherini, said after having consulted the US and Iran’s foreign ministers. US Secretary of State, John Kerry, had previously stated that the implementation of the nuclear deal may be only “days away”, The Daily Star informed.

In related news, Bloomberg quoted Iran’s President, Hassan Rouhani, as saying that sanctions against Iran would end within “days” and with that an “economic revival” would take place. “When sanctions end, I will explain to people how great of an accomplishment this is,” Rouhani added

President also described the sanctions as “cruel” and the current fall in global oil prices to $30 a barrel as a “plot” against Iran. He insisted that despite that his government had kept inflation under control and was committed to creating jobs, wrote Press TV. He made these remarks while addressing the inaugural ceremony of the Phases 15 and 16 of South Pars gas field.