EU Iran Sanctions

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U.S. Renews Iran Sanctions: Divide with Allies Deepens as EU updates Blocking Statute

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.

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Nuclear Deal Still Alive: Joint Commission meets to review Iran Nuclear Deal

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.

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EU Renews Iran Human Rights Sanctions Regime

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.

EU Deletes Entities from Iranian Blacklist

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).

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British PM Theresa May warns President-Elect Trump: Iran Nuclear Deal is Vital

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_ On 07 December 2016, in a speech to the…