Iranian Foreign Minister Javad Zarif said Saturday international economic sanctions on Iran will be lifted Saturday, with the United Nations nuclear watchdog agency expected to confirm that Tehran has complied with last July's landmark agreement with world powers to restrain its nuclear development program.

"Today is a good day for the people of Iran and the sanctions will be lifted today," Zarif told IRNA as he arrived in Vienna, awaiting the release of the final report by the International Atomic Energy Agency. "It's also a good day for the region."

With removal of the sanctions, Iran immediately will gain access to about $100 billion in assets frozen overseas and reopen its doors to world trade with international corporations selling cars, airplanes and other major items it needs to support a nation of 80 million people.

Source: MENA