04:41 GMT +324 October 2019
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    Iran's President Hassan Rouhani (File)

    Canada Confirms It Started ‘Official’ Talks With Iran on Renewal of Ties

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    Canadian Foreign Minister Stephane Dion has confirmed that his country has started talks with Iran on the renewal of ties.

    MOSCOW (Sputnik) – Iran began stepping up international trade and investment cooperation after reaching a historic deal on its nuclear program to ensure its peaceful nature in exchange for the suspension of international anti-Iran sanctions, in July 2015.

    "Talks have started, yes, at the official level," Dion confirmed to CBC on Friday.

    In February 2016, Canada announced that it was lifting some sanctions against Iran.

    This followed the lifting of UN economic sanctions on Tehran after the International Atomic Energy Agency (IAEA) confirmed in January that Iran had delivered on its commitments to limit nuclear activities.

    Canada’s export to Iran peaked at $772 million in 1997 before slumping over the years of sanctions. In 2014, Canada sold $67 million worth of mostly food products to Iran.

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