United States withdrawal from the Joint Comprehensive Plan of Action
2018 US withdrawal from the Iran nuclear deal / From Wikipedia, the free encyclopedia
The United States announced its withdrawal from the Joint Comprehensive Plan of Action (JCPOA), also known as the "Iran nuclear deal" or the "Iran deal", on May 8, 2018.[1][2][3][4] The JCPOA is an agreement on Iran's nuclear program reached in July 2015 by Iran and the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany)[5][6] also called E3/EU+3.
This article contains too many or overly lengthy quotations. (May 2018) |
In a joint statement responding to the U.S. withdrawal, the leaders of France, Germany and the United Kingdom stated that United Nations Security Council resolution endorsing the nuclear deal remained the "binding international legal framework for the resolution of the dispute".[7]
Various countries, international organizations, and U.S. scholars have expressed regret or criticized the withdrawal, while U.S. conservatives,[8][9] Israel, Saudi Arabia and allies have supported it.
The withdrawal caused concerns in Iran due to its impact on the economy.[10]
On 17 May 2018 the European Commission announced its intention to implement the blocking statute of 1996 to declare U.S. sanctions against Iran illegal in Europe and ban European citizens and companies from complying with them. The commission also instructed the European Investment Bank to facilitate European companies' investment in Iran.[11][12][13]