Tag Archives: NIOC

The Grand Chamber of the European Court of Justice Upheld the General Court’s Decision on the National Iranian Oil Company

The National Iranian Oil Company (NIOC) has lost an appeal to the Grand Chamber of the European Court of Justice to set aside the General Court’s decision not to annul its sanctions listing.  NIOC was originally added to the Iranian sanctions list in 2012, on the premise it is a state owned entity that provides … 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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