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Monday 19 Oct 2015 - 10:45 Makkah mean time-6-1-1437
President Obama (Google image)
Washington (IINA) – U.S. President Barack Obama announced Sunday the official “adoption” of the nuclear deal struck between the world's six major powers – also known as P5+1 – and Iran, news agencies reported.
It marks the launch of the Joint Comprehensive Plan of Action (JCPOA) — as the deal is officially known — after the end of a procedural 90-day period since the UN Security Council passed a resolution approving the deal on July 20.
The landmark agreement, signed on July 14, provides Tehran with economic relief from biting sanctions in exchange for unprecedented inspections and curbs on its nuclear program.
In practice, however, the “Adoption Day” does not mean an immediate sanctions relief. An Implementation Day will be the next milestone, signifying the achievement of concrete action by Iran.
Tehran must presumably wait until December 15 for the removal of sanctions to begin, when the International Atomic Energy Agency (IAEA) is expected to issue a final report on its nuclear activities.
Obama said Sunday that the United States will not only prepare for the implementation of the deal but also work closely with IAEA and JCPOA participants to closely monitor Iran on whether it “fully fulfills each and every one of its commitments”.
He also expressed his confidence in the “peace and security of the world” the deal would bring, welcoming the Adoption Day as a “step forward”.
The P5+1 countries; Britain, China, France, Germany, Russia and the United States will meet in Vienna on Monday to form a commission to oversee the implementation of the agreement.
AB/IINA
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