Editor’s note: On Saturday 16 January 2016 President Obama issued an executive order to lift the economic sanctions that had been imposed on Iran over its nuclear program. Implementation Day was triggered by the International Atomic Energy Agency’s certification that Iran has fulfilled its obligations under the nuclear agreement. The sanctions that U.S. has imposed on Iran for its support of terrorism, human rights abuses, and missile activities will, however, remain in effect.

The following is the complete text of President Obama’s executive order and letter to Paul Ryan, the Speaker of the House of Representatives, and Joe Biden, the President of the Senate.

EXECUTIVE ORDER

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REVOCATION OF EXECUTIVE ORDERS 13574, 13590, 13622, AND 13645 WITH RESPECT TO IRAN, AMENDMENT OF EXECUTIVE ORDER 13628 WITH RESPECT TO IRAN, AND PROVISION OF IMPLEMENTATION AUTHORITIES FOR ASPECTS OF CERTAIN STATUTORY SANCTIONS OUTSIDE THE SCOPE OF U.S. COMMITMENTS UNDER THE JOINT COMPREHENSIVE PLAN OF ACTION OF JULY 14, 2015

By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.) (NEA), the Iran Sanctions Act of 1996 (Public Law 104-172) (50 U.S.C. 1701 note), the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195) (22 U.S.C. 8501 et seq.), the Iran Threat Reduction and Syria Human Rights Act of 2012 (Public Law 112-158), the Iran Freedom and Counter-Proliferation Act of 2012 (subtitle D of title XII of Public Law 112-239) (22 U.S.C. 8801 et seq.) (IFCA), section 212(f) of the Immigration and Nationality Act of 1952 (8 U.S.C. 1182(f)), and section 301 of title 3, United States Code,

I, BARACK OBAMA, President of the United States of America, have determined that Iran's implementation of the nuclear-related measures specified in sections 15.1-15.11 of Annex V of the Joint Comprehensive Plan of Action of July 14, 2015 (JCPOA) between the P5+1 (China, France, Germany, the Russian Federation, the United Kingdom, and the United States), the European Union, and Iran, as verified by the International Atomic Energy Agency, marks a fundamental shift in circumstances with respect to Iran's nuclear program. In order to give effect to the United States commitments with respect to sanctions described in section 4 of Annex II and section 17.4 of Annex V of the JCPOA, I am revoking Executive Orders 13574 of May 23, 2011, 13590 of November 20, 2011, 13622 of July 30, 2012, and 13645 of June 3, 2013, and amending Executive Order 13628 of October 9, 2012, by revoking sections 5 through 7 and section 15. In addition, in section 3 of this order, I am taking steps with respect to the national emergency declared in Executive Order 12957 of March 15, 1995, to provide implementation authorities for aspects of certain statutory sanctions that are outside the scope of the U.S. commitment to lift nuclear-related sanctions under the JCPOA.

I am enclosing a copy of the Executive Order I have issued.

Sincerely,

BARACK OBAMA