now i will just read it in parisian. >> translator: today it's the implementation of the gcpoa. since the finalization of gcpoa we have been strongly doing our best to insure -- to show our commitment to prepare the ground for the implementation of the gc p.pgcpoa over the past six monts since the finalization of the iae akon firmed that iran has fulfilled its commitments. >> i want to confirm that he is keeping to his word and is literally doing a parisian translation of what frederica mogherini told us in the last four or five minutes she said with political will multi lateral diplomacy this proves that you can solve the most difficult issues of diplomatic -- our diplomatic editor james bays joins us live from the u.n. in new york, he was listening to the president conference by frederica mogherini. very technical detail being given out by mig mowing reason toy begin with. not too much victoriousness are triumphant agreement. >> reporter: no, this is an agreed statement. frederica mowing rinne from the e.u. representing the nations negotiating with the iran, the so culled p5 p

united nations security council resolution 2231 of 2015, which endorsed the gcpoa will from now onwards together with the treaty of the nonproliferation of nuclear weapons be the sole international legal framework related to iran's nuclear activities, terminating provisions of 1696 of 2006, 1737 of 2007, 1747 of 2007, 1803 of 2008, 1835 of 2008, 1929 of 2010, and 2224 of 2015. the european union has confirmed that the legal framework providing for the lifting of its nuclear related economic and financial sanctions is effective. united states today is seizing the application of its nuclear related sanctions on iran, including terminating relevant executive orders and licensing of certain activities as specified in the gcpoa. european unions and the united states have issued relevant guidelines on the details of sanctions which have been lifted, thus facilitating international engagement in iran's economic development. as we continue to thoroughly monitor and oversee the thorough effective implementation of the gcpoa exactly as agreed on 14th of july, 2015, through the joint commission co

economic and financial sanctions related to iran's nuclear program are lifted in accordance with the gcpoa. the e.u. and the e3 plus countries consisting in people's republic of china, the republic of france, the federal republic of germany, russian federation, united kingdom of great britain an and ireland and united states of america and iran will also cooperate in the field of peaceful uses of nuclear energy in the framework of the gcpoa. u.n. sanctions related no iran's nuclear program are lifted. >> to get to this point, ladies and gentlemen, iran has undertaken significant steps that many, and i do mean many, people doubted whatever would come to pass. that should be recognised even though the full measure of this achievement can only be realized by assuring continued full compliance in the coming years. in return for the steps that iran has taken, the united states and the e.u. will immediately lift nuclear-related sanctions expanding the horizon of opportunity for the iranian people and i have even tonight before coming over here signed a number of documents over those sanctions th

economic and financial sanctions related to iran's nuclear program are lifted in accordance with the gcpoa. this is the culmination of years of work by the u.s. secretary of state john kerry. a big personal achievement for him and he chose to make his statement separately from the other parties. >> today marks the moment that the iran nuclear agreement transitions from an ambitious set of promises on paper to measurable action in progress. today is a result of the actions taken since last july, the united states, our friends and allies in the middle east and the entire world are safer because the threat of a nuclear weapon has been reduced. >> reporter: international inspectors have confirmed that iran has drastically reduced its uranium enrichment capacity. the heavy water reactor has been put out of action. it is a huge diplomatic achievement. iran has come in from the cold. >> thank you very much. >> reporter: the work of verification is not over. international monitors will continue to check compliance and if they spot any violation, the sanctions will snap back into place. so much is

implementation day happens is when the iaea issues it's report and weather iran has complied with the termsment gcpoa. once that happens a lot of things will happen at the same time. i just came from a background briefing with a senior official who basically outlined the process for what happens once the iaea report has been delivered to the u.n. to the e.u. and to the pa plus 1 negotiating team. basically that report is the trigger for the u.s. and the e.u. and the u.n. to lift all of their sanctions. all of these organizations have already passed legislation and regulations that would make the reversal of these sanctions pretty much automatic. but it all depends on when they get the report. the senior administration official also says that at the very least we're going to get for the u.s.' part a two-sentence statement from the secretary of state john kerry basically saying that the u.n. has said the iaea report, and that as far as the u.s. is concerned implementation day is now in effect. that means that secondary essentials, that travel ban would all be taking effect, but the big question, felici

>> happily the united states is prepared to do everything we need to do under the gcpoa, the joint comprehensive plan of action. we'll do everything we need to do, and we'll do it when we need to do it. we were very careful to make commitments we could keep and to work within the law and our authorities. now, the iran sanctions regime is the most complicated sanctions system i've ever seen, because it goes through multiple security council resolutions, laws, and implementing executive orders. and they all refer to each other and build on each other, so it is immensely complicated. but sanctions experts, my deputy, was involved in the negotiations, because we had to make sure we weren't going to take on a responsibility we couldn't meet. so, we can do it. we've come a long way. and, of course, the timing illustrates the point we were discussing earlier. the iranians under ahmadinejad said sanctions have no effect, they have no effect. repeated that for years, and it turned out they did. we worked well with the russians and we worked well with the russians despite the fact that we were also beginn