US, GCC outline conditions for expanding economic ties with Iran (opens original article in a new tab)

US and GCC outline conditions for expanding economic ties with Iran, linking trade cooperation to Tehran's compliance with a US memorandum of understanding and regional stability.

• US and GCC link expanded trade with Iran to Tehran's compliance with US memorandum of understanding
• Trade and investment relations with Iran remain conditional and subject to revision
• Tehran must cease actions destabilizing the region and create conditions for economic cooperation