WASHINGTON (Sputnik) — On July 14, 2015, Iran and the P5+1 group of negotiators, comprising China, France, Russia, United Kingdom, United States plus Germany, signed a historic accord to guarantee the peaceful nature of Tehran's nuclear activities in exchange for the lifting of sanctions.
"The national emergency with respect to Iran that was declared on March 15, 1995, is to continue in effect beyond March 15, 2016," Obama stated.
"Though lifting of nuclear-related sanctions constitutes a significant change in our sanctions posture [with Iran], non-nuclear related sanctions remain in place."
The United States, Obama explained, lifted nuclear-related sanctions against Iran after the International Atomic Energy Agency issued a report in January verifying that Iran implemented key nuclear-related steps specified in the JCPOA.
"Nevertheless, certain actions and policies of the government of Iran are contrary to the interests of the United States in the region and continue to pose an unusual and extraordinary threat to the national security, foreign policy and economy of the United States," Obama claimed.
Earlier this week, according to reports, Iran carried out ballistic missile tests that Washington vowed to raise with the UN Security Council if confirmed.