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Switzerland Eases Sanctions Policy on Iran

Switzerland’s Federal Council followed suit in easing its sanctions policy against Iran, demonstrating “its support for the implementation of the nuclear agreement and its interest in deepening bilateral relations with Iran”. It aligned its existing sanctions regime to the EU rules, including renewing the sanctions suspensions targeting precious metals and petrochemical products. See press release.… Continue Reading

UK Updates FAQs on Business with Iran

On 2 September, the UK Foreign & Commonwealth Office updated its FAQs on conducting business with Iran further to the adoption of the JCPOA. In particular, the FAQs address the potential impact of the deal for businesses and the support which the UK government will provide to businesses seeking opportunities in Iran. Per a British … Continue Reading

France Issues Guidance on Iran Sanctions

In order to assist organisations operating within the EU sanctions regime concerning Iran, the French Ministère des Finances issued guidance that includes a comprehensive table detailing that the Iran sanctions will gradually phase out from the Implementation Date. The ministry notes however that existing sanctions remain unchanged until then.… Continue Reading

Iran

Following the Joint Comprehensive Plan of Action (JCPOA) (reported in our previous blog post) the EU adopted the first legal acts implementing the sanctions relief, permitting shipment of certain nuclear-related equipment out of Iran and the modification of certain nuclear plants in Iran, along with the activities to enable Iran to satisfy certain commitments in … Continue Reading

Iran Agreement

On Tuesday, 14 July 2015, the E3/EU+3 (China, France, Germany, the Russian Federation, the United Kingdom and the United States, with the High Representative of the European Union for Foreign Affairs and Security Policy) and the Islamic Republic of Iran agreed to a Joint Comprehensive Plan of Action (JCPOA). Under the JCPOA, Iran agreed to … Continue Reading
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