BAKU, Azerbaijan, June 25. The United States
and the Gulf Cooperation Council (GCC) states stated that the
development of trade and investment cooperation with Iran will
directly depend on Tehran's compliance with the provisions of the
memorandum of understanding signed with Washington.
This is stated in a joint statement adopted following the
meeting of ministers in Manama.
The document emphasizes that any trade and investment relations
with Iran remain conditional and subject to revision. Their further
development depends on Tehran's compliance with its obligations
under the memorandum and the future final agreement, the cessation
of actions that contribute to the destabilization of the situation
in the region, and the creation of the necessary conditions for
economic cooperation.
The meeting participants also welcomed the signing of the
US-Iran memorandum of understanding on June 17 and noted the
important mediation role of Qatar and Pakistan in reaching the
agreements.
