On November 24, 2014, the P5+1 (the United States, United Kingdom, Germany, France, Russia, and China, coordinated by EU High Representative Catherine Ashton) and Iran affirmed that they will continue to implement the commitments described in the Joint Plan of Action (JPOA), and the U.S. government has extended the sanctions relief provided for in the JPOA through June 30, 2015. This extended relief comes into effect on November 25, 2014.
Accordingly, the Department of the Treasury's Office of Foreign Assets Control (OFAC) today is publishing on its Web site the following key documents to continue implementation of the United States’ commitments under JPOA: Guidance Relating to the Provision Of Certain Temporary Sanctions Relief in Order to Implement the Joint Plan of Action Reached On November 24, 2013 Between The P5+1 and The Islamic Republic Of Iran, as Extended Through June 30, 2015; Frequently Asked Questions Relating to the Extension of Temporary Sanctions Relief through June 30, 2015, to Implement the Joint Plan of Action between the P5 + 1 and the Islamic Republic of Iran; Second Amended Statement of Licensing Policy on Activities Related to the Safety Of Iran's Civil Aviation Industry