the jcp oa will guarantee iran to promote its technical and energy independence. we are equally convinced that this instrument will make a positive contribution to the birth of a new phase in the diplomatic relationship between iran and the parties to disagreement based on mutual trust, respect, and collective commitment to strengthen international peace and security. we are delighted to see that the agreement reached will allow us finally to achieve the definitive listing of these sanctions regimes imposed by the security council, as well as a listing of other measures which are a legally applied in other areas related to iran's nuclear program which will restrict access on a commercial and economic, financial, and energy basis which have negatively affected the population and other states. we would like to reiterate our full support for the implementation of this document to pave the way for the well-being and progress of the iranian people. we hope the agreement reached will be the beginning of a political process which will allow us to make sure we can provide

the jcp oa will cut iran will get rid of 98% of stockpile of enriched-uranium.oing from quantity that could pus approximately 10 nuclear weapons to fraction what is needed for a single nuclear weapon. the deal will quadruple iran's breakout time. the time needed to produce enough weapon's grade uranium for one nuclear weapon, from the current estimate of two to three months to one year. it will also require iran and all states to comply with legally-binding restrictions on nuclear conventional arms and ballistic missile related activities. 90 days from today when our respective capitals and legislatures have had a chance to carefully review the deal's provision, the commitment in the j.c. poa should take effect. it is important today to step back from the jcpoa to its larger lessons lessons about enforcing global norms the essential role of diplomacy, the need for ongoing vigilance and the absolute necessity of the unity of this council. lessons that have implications both for insuring implementation of the deal and for tackling other crises that confront us tod

the european union will also endorse the jcp oa and commits to abide by its terms and to follow the agreed implementation plan. in effect, the european union acts -- actions will be carried out in accordance with the timeline and modalities specified in the jcpoa, and that as stipulated there, the determination of implementation of economic and financial sanctions would come into effect once the international atomic energy agency has verified that iran has implemented all of its nuclear related commitments. for the time being, the provisions and the joint plan of action agreed in geneva in 2013 have been extended for a further six months to cover the period until the international atomic energy agency has verified that iran has carried out its commitment. the high representative of the union for foreign affairs and security policy will continue her support and coordinating role during the entire implementation phase of the jcpoa. she hopes and expects that this positive development will open the door to a steady improvement in relations between the european union, its member states, and ir

the jcp oa will cut the number of centrifuges by two thirds and prevent iran from preventing weapons grade plutonium. iranian -- iran will get rid of 98%. they will produce approximately 10 nuclear weapons to a fraction of what is needed for a single nuclear weapon. the deal will quadruple the breakout time come the time needed to produce enough weapons grade uranium for one nuclear weapon. from the cry to estimate of 2-3 months to one year, it will require iran and all states to comply with legally binding activities. 90 days from today, when our respective capitals and legislatures have carefully reviewed the deals provisions the commitments in the jcpoa should take effect. sanctions relief for begin only when iran completely steps necessary with the deal. it is important to step back from the jcp away to its larger lessons, lessons of enforcing global norms, the essential role of diplomacy, the need for ongoing budget lens, and the necessity of the unity of this council. lessons that have applications for ensuring implementation of the deal and for tackling other crises that threa

non-nuclear activities of entities, or economic activities that were relieved from sanctions under the jcp oa. secondly what type of pressure with their be on the united states if we wanted to go forward, would there be international pressure for us to not be as aggressive as perhaps the congress or the administration wants to be? we were told yesterday by both of our witnesses that we should be very aggressive and hold the iran to high standards if this agreement goes forward. what type of pressure would there be on us effectively being able to impose sanctions to prevent iran from nonnuclear nefarious activities? that is one set of questions i hope we can get into today. the second is how effective would snap back sanctions be? if this was lifted and if any of the negotiate partners felt there was a material breach and takes it to the point of snapping back all, or part, of the sanctions that were relieved under the u.n., the eu, and/or the united states, how effective, and how quickly can we reimpose sanctions that will require iran to rethink its behavior? i would be interested in your vi

these sanctions will ultimately be suspended because of the jcp oa. what i'm trying to understand that feeds off the question asked by senator cartons another another -- senator cardin and others acting consistent with the respective roles with the present of the congress will refrain from imposing the sanctions specified and annexed to the edited cease to fly into the gpo it without prejudice to the dispute resolution process. this is what i think a lot of us are having a hard time reconciling here. what would constitute reintroducing reimposing sanctions -fest -- specified existing sanctions if because iran didn't violate the nuclear part of the agreement but for other reasons committed terrorism abroad abducted americans and we want to sanction them could we impose sanctions on iran's central bank because that would be similar to what was done before but it would be in a different comment text. would that be allowed or would that lead to some violation on our part of the agreement secretary lew? >> i'm going to take a stab at this because we have b