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EU adopts legislative framework for lifting sanctions on Iran

October 19, 2015 at 11:58 am

The European Union has moved to adopt the Joint Comprehensive Plan of Action (JCPOA) regarding Iran’s nuclear programme, a joint statement by EU High Representative Federica Mogherini and Iranian Foreign Minister Javad Zarif revealed on Sunday.

“Iran will now start the implementation of its nuclear-related commitments with the objective of full and effective completion and the International Atomic Energy Agency (IAEA) will make the necessary preparations for the monitoring and verification of these steps,” the statement affirmed.

In addition, the statement said that: “The United States is taking action today to cease application of nuclear-related statutory sanctions on Iran effective on Implementation Day when the IAEA has verified implementation of agreed nuclear measures by Iran.”

According to the statement, the Joint Commission will convene at the level of political directors on 19 October in Vienna in order to further advance preparations for implementing the terms of the JCPOA.