India has welcomed the announcement of lifting of nuclear-related sanctions against Iran. In a statement Embassy of India in Tehran said, the milestone represents a significant success for patient diplomacy and signals a new chapter of peace and prosperity.

The statement said, India is looking forward to further developing its longstanding, close and mutually beneficial economic cooperation with Iran, including in the spheres of energy and regional connectivity.

Recently, the United States had lifted economic sanctions against Iran following nuclear deal after the international nuclear watchdog, the IAEA, said Tehran complied with a deal designed to prevent it from developing nuclear weapons.