Iran opens 'new chapter' in ties

Nation's business, oil exports set to resume as deal sees lifting of sanctions

Iran has "opened a new chapter" in its ties with the world, President Hassan Rouhani said on Sunday, hours after sanctions were lifted under its historic nuclear deal with global powers.

The UN's atomic watchdog late on Saturday confirmed that Iran had complied with its obligations under last summer's accord and the United States and European Union announced they were lifting the sanctions that have for years crippled the country's economy.