On 3 July 2019, Baker McKenzie held its latest webinar looking at the impact of the United States’ withdrawal from the JCPoA, titled “What happens if the JCPoA collapses?“. In the webinar, Baker McKenzie experts from London, Dusseldorf and Washington provided a recap of the current position, before going on to ask how UN and EU sanctions on Iran could be re-imposed and what this would mean in practice.
The slides for the session can be accessed here. EU based clients are encouraged to consider the status of their Iran transactions, any “snapback” language in contracts with an Iranian nexus, and whether they can lobby their government to preserve sanctions relief or protect contracts.
For additional information, please contact Ross Denton, Anahita Thoms, Ben Smith or Inessa Owens (details on slide 33).