President Trump’s decision to reimpose U.S. sanctions, after pulling-out of the Iran Nuclear Deal (JCPOA) has deepened the divide with the EU. On 07 August 2018, the EU announced that its blocking statute entered into force. Anyone already in the Iranian market or thinking of entering it, must take note that the global trade compliance risks have increased significantly. Time will tell whether both moves are wise.Read More
EU Iran Sanctions
I’ve been rather busy of late, so I’m coming a little late on this issue. As we all know, on 13 October, President Trump announced a strategic review on the U.S.’s relations with Iran, whereby…
EU has consolidated its sanctions regime against North Korea (see Council Regulation 2017/1509). The EU also supports the revamping of stronger restrictive measures against the hermit North Korean regime.
EU updates Iran anti-nuclear/ missile ballistic missile blacklist reflecting updated identifying data of the UN Security Council.
EU amends end-use and end-use location information requirements regarding it’s sanctions regime against Iran.
On 25 April 2017, the Joint Commission (JC) established by the Iran Nuclear Deal, met in Vienna to review the implementation of the Nuclear Deal. Under the Nuclear Deal, the JC is responsible for overseeing the implementation of the JCPOA. The meeting, 5th meeting of the JC discussed amongst other things: cooperation in the field of civil nuclear safety, the modernization program of Arak, and sanctions relief.
On 11 April 2017, the EU Council decided to renew its human rights sanctions regime against Iran until 13 April 2018. These measures consist of: a travel ban and an asset freeze against 82 people and one entity and a ban on exports to Iran of equipment which might be used for internal repression and of equipment for monitoring telecommunications.
On 16 January 2017, the EU published its confirmation of the deletion of certain entities from its Iran nuclear related sanctions blacklist. The links to the deletions can be accessed thru Implementing Reg. (EU) 2017/77 implementing Regulation (EU) No 267/2012) and Council Decision (CFSP) 2017/83 amending Decision 2010/413/CFSP).
Iranian President Hassan Rouhani met with British Prime Minister Theresa May for the first time_21-09-2016 _71st session of the United Nations General Assembly in New York_http://www.presstv.ir/Detail/2016/09/21/485646/rouhani-may-new-york On 07 December 2016, in a speech to the…
The International Atomic Energy Agency confirms that Iran’s shipment of 11 tonnes of heavy water out of the country complies with JCPOA.