14.07.2015

P5+1 and Iran

Joint Comprehensive Plan of Action (‘nuclear deal’)

Iran agreed to reduce its centrifuges by two-thirds, its stockpile of enriched uranium by 98% and to limit uranium enrichment to 3.67%. The US and EU lift sanctions

20.07.2015

UN

Resolution 2231

UN Security Council endorsed the JCPOA and terminated previous sanctions/resolutions related to Iran’s nuclear activities

31.07.2015

EU

Council Decision 2015/1336 and 1327

The EU adopted legal acts to implement the nuclear deal

18.10.2015

EU

Council Regulation 2015/1861, 1862 and 1863

The JCPOA’s coming into effect required amendment of Regulation 267/2012 concerning restrictive measures against Iran

16.01.2016

Sanctions lifted

12.01.2018

US

White House statement

President Trump announced that he was extending the sanctions waiver one final time if the deal’s faults were not addressed

08.05.2018

US

Presidential Memorandum

The US withdrew from the JCPOA

09.05.2018

EU

Declaration

The EU reaffirmed its commitment to the JCPOA as long as Iran fulfilled its obligations

16.05.2019

EU

Action plan

EU Council leaders agreed on a four-point action plan to protect European economic interests from the damages that US sanctions may inflict

20.05.2018

Iran

Comment

Foreign Minister (FM) Zarif stated the EU should increase its investment in Iran if it wanted to save the deal

06.06.2018

EU

Regulation 2018/1100

The European Commission adopted an updated version of its Blocking Statute and of the EIB’s External Lending Mandate

06.07.2018

The Joint Commission of JCPOA

Meeting

The Joint Commission of the JCPOA convened. All remaining parties announced their commitment to the agreement

18.07.2018

EIB

Press Statement

The CEO of EIB dismissed the possibility of any European bank working with Iran

06.08.2018

US

Executive Order 13846

Reimposed sanctions previously waived or lifted due to the JCPOA

07.08.2018

EU

Blocking Statute

The updated Blocking Statute came into force

23.08.2018

EU

Financial support

The European Commission approved €18 million in financial support for Iran

02.11.2018

US

Comment

US Secretary Mnuchin stated that SWIFT would be sanctioned if it worked with Iranian institutions

05.11.2018

US

Sanctions

US sanctions came into force

31.01.2019

EU

INSTEX

French, German, and UK FMs announced INSTEX to facilitate trade between Europe and Iran

30.04.2019

Iran

INSTEX

Tehran announced the establishment of an Iranian equivalent of INSTEX, the Special Trade and Finance Institute (STFI)

08.05.2019

US

Executive Order 13871

Imposed a new round of sanctions on Iran’s iron, steel, aluminum, and copper industries

08.05.2019

Iran

Statement

President Rouhani announced that Iran would stop exporting its surplus enriched uranium. He also stated that Iran would develop the Arak heavy water reactor within 60 days if other signatories failed to provide relief from US sanctions. Both actions violated the JCPOA

09.05.2019

EU

Statement

The EU High Representative and the FMs of France, Germany and the UK reaffirmed their commitment to the JCPOA and asked Iran to fulfill its obligations

17.06.2019

Iran

Statement

Behrouz Kamalvandi, the spokesperson of Iran’s Atomic Energy Organization, announced a quadrupling of the rate of enrichment so that it would pass the 300kg limit in 10 days.

07.06.2019

US

Sanctions

Sanctioned the Persian Gulf Petrochemical Industries Company and related entities

24.06.2019

US

Executive Order 13876

Sanctioned the Supreme Leader, Supreme Leader’s Office and certain Iranian officials

01.07.2019

Iran

News report

The Fars News Agency announced that Iran had exceeded the limit of 300kg uranium enriched to 3.67%

18.07.2019

Iran

Statement

FM Javad Zarif expressed his readiness to meet with US senators and start talks

03.08.2019

France

Proposal

France offered a $15 billion credit line if Iran agreed to comply with the nuclear deal; ensure security in the Gulf; start negotiations on regional security and on a post-2025 nuclear programme

07.09.2019

Iran

Statement

Tehran announced that it had started to use more advanced uranium centrifuges

31.10.2019

US

Sanctions

New sanctions targeted Iran’s construction sector and metals industry

11.11.2019

EU

INSTEX

Belgium, Denmark, Finland, Netherlands, Norway and Sweden joined INSTEX

05.01.2020

Iran

Statement

Tehran announced it would no longer abide by JCPOA restrictions

10.01.2020

US

Executive Order 13902

New sanctions imposed on Iranian construction, mining, manufacturing, and textile sectors

14.01.2020

EU

Dispute resolution

The FMs of France, Germany and the UK referred Iran’s JCPOA’s violations to the deal’s Dispute Resolution Mechanism

03.02.2020

EU

Negotiations

The EU High Representative paid a visit to Tehran

25.02.2020

US

Sanctions

13 foreign entities sanctioned pursuant to the Iran, North Korea, and Syria Nonproliferation Act

03.03.2020

IAEA

Report

The IAEA announced that Iran had almost tripled its stockpile of low-enriched uranium

23.03.2019

EU

Humanitarian aid

The EU High Representative announced €20 million in humanitarian aid to Iran

31.03.2020

EU

INSTEX

Made its first successful transaction by sending medical equipment to Iran

14.08.2020

US

UN resolution

The proposed infinite extension of the arms embargo on Iran failed

20.09.2020

US

Statement

Claimed authority under JCPOA to trigger the UN sanction snap back mechanism. This move also failed

21.09.2020

US

Executive order

Imposed new sanctions targeting governments and companies engaged in arms sales to Iran