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ARTICLE · 25 JANUARY 2014

Iran Sanctions—Implementation Of P5+1/Iran Nuclear Non-Proliferation Agreement

McDermott Will & Emery Select language Deutsch English 한국어 The Firm Careers Media Events Offices Contact Us Our People Client Services Publications Publications / Iran Sanctions—Implementation of P5+1/Iran Nuclear Non-Proliferation Agreement Iran Sanctions—Implementation of P5+1/Iran Nuclear Non-Proliferation Agreement January 23, 2014 The United States and the European Union have begun relieving Iran of some limited sanctions in exchange for Iran’s curtailing its n

GlobalInternational Law

Following months of intense and difficult discussions, on November 24, 2013, the P5+1 (China, France, Germany, Russia, the United Kingdom and the United States) concluded a landmark six-month Joint Plan of Action (JPA) with Iran.  The JPA marks an interim first step towards a comprehensive solution to address concerns about the Iranian nuclear program.  In seeking to reach a full-fledged and comprehensive solution to the international community's concerns, the JPA outlines a preliminary set of voluntary measures to be implemented by the P5+1 and by Iran, respectively.  The P5+1 have agreed to extend limited, reversible relief from current sanctions imposed on Iran.  In return, Iran has agreed to a series of specific measures aimed at assuaging the international community's requirements regarding Iran's nuclear activities.  Implementation of the measures began on 20 January, 2014.

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