Iran’s Araqchi: Oct. 19, Probably JCPOA Adoption Day
October 12, 2015 - 11:56
http://www.tasnimnews.com/english/Home/Single/885963

TEHRAN (Tasnim) – Iranian Deputy Foreign Minister Abbas Araqchi said the
Joint Comprehensive Plan of Action (JCPOA), a lasting nuclear deal between
Tehran and world powers, will presumably be officially adopted on October
19.

Speaking in an academic ceremony in Tehran on Sunday, Araqchi said the next
Monday, October 19, will be probably announced as the “adoption day” of the
JCPOA, and the subsequent stages of implementation of the accord will begin
afterwards.

He also expressed the hope that the Iranian parliament would soon ratify
details of a plan on the country’s “proportional measures” in implementation
of the JCPOA.

The lawmaker on Sunday passed generalities of the plan.

If approved, it will oblige the administration to start honoring commitments
under a nuclear deal with the Group 5+1 (Russia, China, the US, Britain,
France and Germany) commensurate with the other side’s measures.

Iran and the Group 5+1 (also known as the P5+1 or E3+3) on July 14 reached
a conclusion on a 159-page nuclear agreement that would terminate all
sanctions imposed on Tehran over its nuclear energy program after coming
into force.

Afterwards, the 15-memebr United Nations Security Council passed a
resolution that endorsed the JCPOA.

According to the UNSC Resolution 2231, all previous UNSC sanctions imposed
on Iran over its nuclear program will be terminated when the JCPOA takes
effect.

The JCPOA, however, has been formulated in a phased process.

July 14 was indeed the day of finalization of drafting the text of the
agreement.

The second stage, dubbed the adoption day, is when the parties officially
announce that the accord has been struck.

Araqchi had announced earlier that following the adoption day, the European
Union and the US congress will pass laws to terminate the unilateral
sanctions imposed on Iran. But those laws will not come into force until the
International Atomic Energy Agency (IAEA) would verify Iran’s undertakings.

“There is time gap for carrying out the deal, and to settle that problem,
the EU and the US will terminate the sanctions, but this will not take
effect until Iran honors its commitments,” Araqchi had announced on July 16.

“Following those stages, which will take four to six more months, the
implementation day will come. The whole nuclear-related economic and
financial sanctions will be lifted at the very day of (implementation of)
the deal,” he had announced.