Iran deal closer to reality as U.S. prepares sanctions waivers
Source: Reuters
World | Sun Oct 18, 2015 2:15pm EDT
Iran deal closer to reality as U.S. prepares sanctions waivers
NEW YORK | BY LOUIS CHARBONNEAU
The United States approved conditional sanctions waivers for Iran on Sunday, though it cautioned they will not take effect until Tehran has curbed its nuclear program as required under a historic nuclear deal reached in Vienna on July 14.
"I hereby direct you to take all necessary steps to give effect to the U.S. commitments with respect to sanctions described in (the Iran deal)," U.S. President Barack Obama said in a memo to the secretaries of state, treasury, commerce and energy released by the White House press office.
Several senior U.S. officials, who spoke to reporters on condition of anonymity, said actual implementation of the deal was still at least two months away.
Sunday was "adoption day" for the deal, which came 90 days after the U.N. Security Council endorsed the agreement reached by Iran, the United States, Britain, France, Germany, Russia and China under which most sanctions on Iran would be lifted in exchange for limits on Tehran's nuclear activities.
"Iran will now begin taking all of the necessary steps outlined in the (deal) to restrain its nuclear program and ensure that it is exclusively peaceful going forward," Secretary of State John Kerry said in a statement.
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http://www.reuters.com/article/2015/10/18/us-iran-nuclear-usa-idUSKCN0SC0CH20151018