Sanctions
18. The UN Security Council resolution endorsing this JCPOA will terminate all
provisions of previous UN Security Council resolutions on the Iranian nuclear
issue - 1696 (2006), 1737 (2006), 1747 (2007), 1803 (2008), 1835 (2008), 1929
(2010) and 2224 (2015) – simultaneously with the IAEA-verified
implementation of agreed nuclear-related measures by Iran and will establish
specific restrictions, as specified in Annex V.[1]
19. The EU will terminate all provisions of the EU Regulation, as subsequently
amended, implementing all nuclear-related economic and financial sanctions,
including related designations, simultaneously with the IAEA-verified
implementation of agreed nuclear-related measures by Iran as specified in
Annex V, which cover all sanctions and restrictive measures in the following
areas, as described in Annex II:
[...]
21. The United States will cease the application, and will continue to do so, in
accordance with this JCPOA of the sanctions specified in Annex II to take effect
simultaneously with the IAEA-verified implementation of the agreed nuclear-
related measures by Iran as specified in Annex V. Such sanctions cover the
following areas as described in Annex II:
[...]
Annex V - Implementation Plan
[...] B. Adoption Day [...]
11. The United States, acting pursuant to Presidential authorities, will issue waivers, to take
effect upon Implementation Day, ceasing the application of the statutory nuclear-related
sanctions as specified in Sections 17.1 to 17.2 of this Annex. The President will also
take action to direct that all appropriate additional measures be taken to implement the
cessation of application of sanctions as specified in Sections 17.1 to 17.4 of this Annex,
including the termination of Executive orders as specified in Section 17.4, and the
licensing of activities as specified in Section 17.5.
[...] C. Implementation Day
14. Implementation Day will occur upon the IAEA-verified implementation by Iran of the
nuclear-related measures described in paragraph 15 below, and, simultaneously, the
E3/EU+3 taking the actions described in paragraphs 16 and 17 below, and with the
actions described in paragraph 18 below taking place at the UN level in accordance
with the UN Security Council resolution.