From: rking164@comcast.net   
      
   THE JCPOA AND ITS IMPLEMENTATION   
   On 20 July 2015, the UN Security Council adopted Resolution 2231(2015)   
   regarding the Joint Comprehensive Plan of Action (JCPOA), agreed by Iran and   
   the E3/EU+3. This resolution endorses the JCPOA, allowed for certain   
   exemptions to existing restrictive    
   measures and defines the schedule and commitments to be undertaken by all   
   parties to lead to the termination of restrictive measures against Iran.   
      
   Following legislative reviews of the JCPOA in the US and Iran, Adoption Day   
   was declared on 18 October 2015 which set in motion the implementation of the   
   provisions of the JCPOA. On Adoption Day the EU adopted the legislative   
   framework to lift all of its    
   nuclear-related economic and financial sanctions.   
      
   The next milestone, Implementation Day was reached on 16 January 2016 after   
   the IAEA verified that Iran had fulfilled its commitments. On Implementation   
   Day the EU legislative framework providing for the lifting of economic and   
   financial nuclear-related    
   sanctions entered into effect. UN financial nuclear-related sanctions and US   
   secondary nuclear-related sanctions were also lifted. A comprehensive   
   Information Note on the lifting of sanctions providing clarity to EU business   
   operators on the new    
   regulatory environment was issued on the same day.   
      
   The next stage of the JCPOA is  for the EU was supposed to be on Transition   
   Day, eight years after Adoption Day (i.e. in 2023).   
      
   Transition Day should have triggered the lifting of the remaining EU   
   nuclear-related sanctions, ballistic missile restrictions, and related   
   designations.   
      
   However, in view of Iran not fulfilling its commitments under the JCPoA as   
   reported by the IAEA since 2019, the Council considered that the Union had   
   valid grounds for maintaining all these restrictive measures. For more   
   details, follow the link to the    
   relevant press release about the EU Council's decision to 'maintain   
   restrictive measures'   
      
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