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ARTICLE · 15 SEPTEMBER 2015

Relief For Iran? EU And US Sanctions Possibly Lifted In The Future

De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
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De Brauw Blackstone Westbroek

De Brauw Blackstone Westbroek

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The JCPOA requires Iran to implement stringent restrictive measures regarding its nuclear programme in exchange for broad relief of EU and US sanctions against Iran.

GlobalInternational Law
Roan Lamp
Roan Lamp
Patrick Ploeger
Patrick Ploeger
Geert Potjewijd
Geert Potjewijd
Rick Van ’T Hullenaar
Rick Van ’T Hullenaar
Marnix Somsen
Marnix Somsen
Richard Van Staden Ten Brink
Richard Van Staden Ten Brink
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The E3/EU+3 (France, Germany, the United Kingdom, the European Union, China, Russia and the United States) and Iran announced on 14 July 2015 that they had reached agreement on a Joint Comprehensive Plan of Action (JCPOA) regarding Iran's nuclear program.

If the JCPOA is implemented according to plan, it will open up important business opportunities for many foreign companies, allowing them to invest in the Iranian economy and enter into various transactions with Iranian parties and relating to Iranian products. At the same time, it is clear that there will be no immediate relief of sanctions and that none is expected to come into force in the coming months.

The JCPOA requires Iran to implement stringent restrictive measures regarding its nuclear programme in exchange for broad relief of EU and US sanctions against Iran. Any sanctions relief will be implemented in phases if and when Iran implements the measures imposed on it, which is to be verified by

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