Iranian Foreign Minister Mohammad Javad Zarif and European Union’s Foreign Policy Chief Federica Mogherini on late Saturday announced in a joint statement that the implementation of the nuclear deal known as JCPOA has started.
The joint statement read out by the two top diplomats announced the implementation of the JCPOA, which terminates all nuclear-related anti-Iran sanctions.
A European source told the AFP that the EU has terminated all nuclear-related anti-sanctions.
Also media reports said US President Barack Obama has issued an executive order that revokes previous nuclear-related sanctions against Iran.
The decisions to remove the sanctions came as it was noted in the joint statement that “as Iran has fulfilled its commitments, today, multilateral and national economic and financial sanctions related to Iran's nuclear program are lifted in accordance with the JCPOA.”
“The EU has confirmed that the legal framework providing for the lifting of its nuclear-related economic and financial sanctions is effective. The United States today is ceasing the application of its nuclear-related statutory sanctions on Iran, including terminating relevant Executive Orders and licensing of certain activities, as specified in the JCPOA,” the joint statement reads.
The implementation of the deal was announced to begin after International Atomic Energy Agency (IAEA) released a statement on Saturday verifying that Tehran has fulfilled all its commitments as per the nuclear deal.
The document was what the implementation of the deal hinged upon.