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EU Sanctions Targeting Iran

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On 18 October 2015 (“Adoption Day”), Iran and the EU/E3+3 (China, France, Germany, the Russian Federation, the United Kingdom, and United States) began preparations to implement their respective commitments under the Joint Comprehensive Plan of Action (“JCPOA”) related to Iran’s nuclear programme. The EU adopted the legislative framework needed to lift its nuclear-related sanctions against Iran, while the U.S. Government issued contingent waivers of certain sanctions. The publication on Adoption Day of measures that would…

In accordance with the envisaged timeline, on 18 October 2015 (“Adoption Day”) Iran’s Foreign Minister Mohammad Javad Zarif and the EU Foreign Policy Chief Federica Mogherini issued a joint statement announcing the official adoption of the “Joint Comprehensive Plan of Action” (“JCPOA”) between Iran and the EU/E3+3 (China, the EU, France, Germany, Russia, the UK and the USA). On Adoption Day the JCPOA participants began to make the necessary arrangements for the implementation of their…

The EU has adopted two Regulations which make amendments to Regulation (EU) No 267/2012 concerning restrictive measures against Iran. Firstly, Regulation (EU) 2015/1327 inserts two new provisions (Article 43b and Article 43c). Article 43b implements the exemption under paragraph 21 of the United Nations Security Council Resolution (UNSCR) 2231. This exemption enables competent authorities to authorise, in limited situations, the supply, sale, or transfer of items, materials, equipment, goods and technology, and the provision of…