Under the statement, all sanctions by the UN Security Council, the US and the EU against Iran will be lifted. Tehran will also implement the Additional Protocol temporarily and voluntarily in line with its confidence-building measures and after that the protocol will be ratified in a time frame by the Iranian government and Majlis.

Iran and its negotiating partners are now expected to start work to draw up a final comprehensive deal over the Islamic Republic’s nuclear program by the end of the self-designated June 30 deadline.