The Canadian Prime Minister Justin Trudeau declared that it has amended its 'broad-reaching autonomous sanctions against Iran to allow for a controlled economic re-engagement, including removal of broad bans on financial services, imports and exports'.
A statement issued by Foreign Affairs Minister Stéphane Dion and International Trade Minister Chrystia Freeland says the changes announced Friday mean 'Canadian companies will now be better positioned to compete with other companies globally.'
All applications for export permits will be considered on a case-by-case basis, read part of the statement.
