If the Iranians showed a lack of commitment, sanctions "can be ramped back up" to their current level, he insisted.
"If Russia fully implements its commitments, these sanctions can be rolled back.
If at any time Iran fails to fulfill its commitments, these sanctions will snap back into place.
It lists eight criteria which member states have to apply when taking a decision on arms export licences, such as respect for the international obligations and commitments, particularly sanctions or respect for human rights and international humanitarian law by the recipient country.
The ministry appeared to steer clear from any commitment for sanctions.
Japanese refiners are planning to reduce Iranian imports yet again in April, as they shy away from renewing annual contracts, showing continued commitment to sanctions against Iran.
In its own statements on Friday, the Chinese Foreign Ministry appeared to steer clear from any commitment for sanctions, saying that all parties should "step up diplomatic efforts, and show flexibility, to create the conditions to resolve the Iranian nuclear issue through dialogue and negotiation".
After the British Parliament on Thursday rejected Prime Minister David Cameron's proposal to authorize military action against Syria, French President Francois Hollande said Friday that the British decision wouldn't weaken his government's commitment to sanction the regime of Syrian President Bashar Assad.
He can swiftly deliver a death blow to the deal by withholding, neglecting or seeking to renegotiate American commitments on easing sanctions.
This paper fills this gap by providing evidence that court decisions can bring to bear existing legal standards and can have significant effects on market behavior, especially if they convey credible commitments to enforce sanctions.
