On November 24, 2013, the United States and its partners in the P5+1 – France, the United Kingdom, Russia, China, and Germany – reached an initial understanding with Iran, outlined in a Joint Plan of Action (JPOA),that halts progress on its nuclear program and rolls it back in key respects. In return, the P5+1 committed to provide limited, temporary, and targeted sanctions relief to Iran.
The JPOA was renewed by mutual consent of the P5+1 and Iran on July 19, 2014, and again on November 24, 2014, extending the temporary sanctions relief provided under the JPOA to cover the period beginning on November 24, 2014, and ending June 30, 2015 (the Extended JPOA Period), in order to continue negotiations aimed at achieving a long-term comprehensive solution to ensure that Iran’s nuclear program will be exclusively peaceful.
On April 2, 2015, the P5+1 and Iran reached an understanding on the parameters of a “Joint Comprehensive Plan of Action (JCPOA).” While these parameters do not relieve, suspend, or terminate any additional sanctions for Iran, they do reflect the significant progress that has been made towards reaching a final deal with Iran that will address its nuclear program in a way that satisfies the international community. In order to continue to facilitate progress in negotiating a comprehensive deal, and to the extent required to continue implementing the sanctions relief called for in the JPOA, as extended, the Secretary has exercised waivers of certain sanctions.
The Notice outlines the U.S. government actions taken to continue implementing the sanctions relief aspects of the JPOA, as extended.
The effective dates of these waiver actions are as described in the determinations set forth in the Federal Register notice.
