VIENNA, July 24. /TASS/. Iranian banks may tap into SWIFT system within the nearest 3 months, the country’s Minister of Industry, Mines and Trade Mohammad Reza Nematzadeh said Friday.

"This may happen within 3 months. We plan to take all steps related to sanctions within around 3 months," he said.

The return of Iranian banking institutions to the system "may yet take less than 3 months," the Minister added.

Lifting of all economic and financial sanctions from Tehran is stipulated by the agreement reached between Iran and the P5+1 group (five UN Security Council members plus Germany) on nuclear program on July 14.