Thursday, October 12, 2017

The Iran Sanctions were lifted to provide for the JCPOA (Joint Comprehensive Plan of Action)

October 18, 2017
Bureau of Economic and Business Affairs

Acting under the authorities vested in me as Secretary of State, including through the applicable delegations of authority, I hereby make the following determinations and certifications:

Pursuant to Sections 1244(i), 1245(g), 1246(e), and 1247(f) of the Iran Freedom and Counter-Proliferation Act of 2012 (subtitle D of title XII of Public Law 112-239, 22 U.S.C. 8801 et seq.) (IFCA), I determine that it is vital to the national security of the United States to waive the imposition of sanctions under the following provisions, to the extent necessary to implement the Joint Comprehensive Plan of Action (JCPOA), including the U.S. commitments with respect to sanctions described in Sections 17.1-17.2 and 17.5 of Annex V of the JCPOA, effective as provided in the last paragraph below:...

The document of which the waivers apply is entitled, "Iran Freedom and Counter-Proliferation Act of 2012." It was signed into law by President Obama on January 2, 2013. There has to be a document to withdraw from and that is the one that applies.

January 15, 2013

On Tuesday, (click here) January 2, 2013 President Obama signed into law the FY 2013 National Defense Authorization Act (the "FY 2013 NDAA"), a large legislative package that includes the Iran Freedom and Counter-Proliferation Act of 2012 (the "IFCPA")–the fourth major legislative expansion of US sanctions against Iran in just the past two years....

22 USC Ch. 95: IRAN FREEDOM AND COUNTERPROLIFERATION
From Title 22—FOREIGN RELATIONS AND INTERCOURSE (click here)
Table of Contents

Sec.8801.Definitions.

8802.Sense of  Congress relating to violations of human rights by Iran.

8803.Imposition of sanctions with respect to the energy, shipping, and shipbuilding sectors of Iran.

8804.Imposition of sanctions with respect to the sale, supply, or transfer of certain materials to or from Iran.

8805.Imposition of sanctions with respect to the provision of underwriting services or insurance or reinsurance for activities or persons with respect to which sanctions have been imposed.

8806.Imposition of sanctions with respect to foreign financial institutions that facilitate financial transactions on behalf of specially designated nationals.

8807.Impositions of sanctions with respect to the Islamic Republic of Iran Broadcasting.

8808.Report on use of certain Iranian seaports by foreign vessels and use of foreign airports by sanctioned Iranian air carriers.

8809.Implementation; penalties.

8810.Applicability to certain natural gas projects.

8811.Rule of construction.