Iran deal agreed to withdraw sanctions

Posted on: 16/01/2016

Today marked “Implementation Day” of the Iran Joint Comprehensive Plan of Action (JCPOA), as the U.S. initiated the removal of its nuclear-related sanctions against Iran and the EU removed the majority of its existing Iran-related sanctions.

Following four days of intense negotiations in Geneva on Iran’s nuclear program, a six months interim deal was reached between the E3 + 3 and Iran. Iran has agreed to curb some of its nuclear activities in return for a measure of relief on sanctions. Read More

Commentary1of the JCPOA

EU SANCTIONS RELIEF
With the arrival of Implementation Day on Jan. 16, 2016, the EU Council adopted and published Council Decision (CFSP) 2016/37 confirming the date of Implementation Day and the legal framework for initial EU sanctions relief. On Implementation Day, the existing limited sanctions relief provided to Iran under the 2013 Joint Plan of Action (JPOA) was superseded by the lifting of all economic and financial sanctions taken in connection with the Iranian nuclear program in accordance with the JCPOA.

Commentary 2 on the JCPOA EU/USA - What remains in place? (members only)

 

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