The resolution, co-sponsored by all 15 council members and adopted yesterday morning, also authorises a series of measures leading to the end of UN sanctions that have affected Iran’s economy.
But the measure also provides a mechanism for UN sanctions to “snap back” in place if Iran fails to meet its obligations.
The resolution had been agreed to by the five veto-wielding council members, who along with Germany negotiated the nuclear deal with Iran.
Under the agreement, Iran’s nuclear programme will be curbed for a decade in exchange for potentially hundreds of billions of pounds of relief from international sanctions. Many key penalties on the Iranian economy, such as those related to the energy and financial sectors, could be lifted by the end of the year.
The document specifies that seven resolutions related to UN sanctions will be terminated when Iran has completed a series of major steps to curb its nuclear programme and the International Atomic Energy Agency has concluded that “all nuclear material in Iran remains in peaceful activities”.