On January 12, 2014, the P5+1 (the United States, United Kingdom, Germany, France, Russia, and China) and Iran arrived at technical understandings for the Joint Plan of Action (JPOA), and agreed to begin its implementation on January 20, 2014.
1/20/2014 – Department of US Treasury
The JPOA marks the first time in nearly a decade that the Islamic Republic of Iran has agreed to specific actions that stop the advance of its nuclear program, roll back key aspects of the program, and include unprecedented access for international inspectors. Following International Atomic Energy Agency (IAEA) verification and confirmation that Iran is implementing its initial commitments, the United States and our international partners also are beginning to take the steps required to implement the Joint Plan of Action.
Accordingly, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) today is publishing on its Web site the following key documents to begin implementation of the United States’ commitments under Joint Plan of Action:
- Guidance Relating to the Provision of Certain Temporary Sanctions Relief in Order to Implement the Joint Plan of Action Reached on November 24, 2013, between the P5+1 and the Islamic Republic of Iran
- Statement of Licensing Policy on Activities Related to the Safety of Iran’s Civil Aviation Industry
- Frequently Asked Questions Relating to the Sanctions Relief Provided for in the Joint Plan of Action between the P5+1 and the Islamic Republic of Iran