Looking Forward to Lifting of Sanctions Against Iran
07/15/2015After almost two years of negotiation, on July 14, 2015, the E3/EU+3 (China, France, Germany, Russia, the United Kingdom, and the United States) and Iran reached an agreement regarding Iran’s nuclear program. The Joint Comprehensive Plan of Action (“JCPOA”) lays out a framework for Iran to dismantle much of its nuclear program in exchange for lifting of central United Nations (“UN”), European Union (“EU”), and United States (“US”) sanctions against Iran. We provide brief highlights of the agreement and a timetable for implementation of the agreement.
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