Status: Upcoming/New Filing Acquirer: Premier American Uranium Inc. (Canada) Acquired: American Future Fuel Corporation (Canada) Value: $95 million Industry Tags: Mining & Extraction; Nuclear; Materials; Energy… Continue Reading
Status: Clearance Acquirer: Japan Bank for International Cooperation (Japan) Acquired: NuScale Power Corporation (U.S.) Value: $110 million Industry Tags: Energy; Nuclear… Continue Reading
After several rounds of revisions, China finally adopted its first Export Control Law (ECL), which went into force on December 1, 2020. In general, we consider the ECL general, vague and hard to be implemented in practice without further adopting implementation rules. It incorporates many concepts from the US export control laws, but with few … Continue Reading
Additional requirements with regard to the provision of information about end-use and end-use locations that must be complied with in order to receive authorisation for the supply, sale, transfer or use of certain nuclear-related goods to, from or in Iran have been introduced by the EU. Council Regulation (EU) 2017/964 amends Council Regulation (EU) 267/2012 and Council Decision (CFSP) 2017/974 … Continue Reading
On 23 June 2017, the Council updated the listing information for 14 entities and 23 individuals who are listed on the EU’s anti-nuclear proliferation sanctions against Iran. Council Implementing Regulation (EU) 2017/1124 implements Council Regulation 267/2012 and Council Implementing Decision (CFSP) 2017/1127 implements Council Decision 2010/413/CFSP.… Continue Reading
The EU has reviewed its nuclear sanctions targeting Iran, as well as judgments of the General Court and the European Court of Justice, annulling listings on those measures and has confirmed that various entities do not appear anymore on the EU’s sanctions lists, they include Moallem Insurance Company, Petropars Operation & Management Company, Petropars Resources … Continue Reading
In response to its recent nuclear and ballistic missile tests, South Korea and Japan have announced that they are imposing new unilateral sanctions on North Korea. The announcements directly follow the UN Security Council’s decision to impose new sanctions on North Korea. Japan is set to impose asset freezes on more people and entities that … Continue Reading
The Office of Financial Sanctions Implementation has removed three Iranian companies from its list of sanctions targets listed on the EU’s anti-nuclear sanctions on Iran. The following companies have had their listings annulled as a result of Judgments of the General Court of the European Union: IRISL Club, IRISL Multimodal Transport Company and Leading Maritime PTE Ltd.… Continue Reading
JASTA – Bill Sent to President. The House voted by voice vote last Friday to advance the Senate-passed JASTA measure to President Obama’s desk for signature into law. Congress acted on a measure that many believe is long-overdue for the victims of the 9/11 attack just ahead of Sunday’s 15th anniversary of the terrorist attack. … Continue Reading
On May 23, 2016, the European Parliament (EP) Committee on International Trade engaged in discussions on strategy towards the Islamic Republic of Iran in the wake of the lifting of nuclear-related sanctions against the country, and made several suggestions to the Committee on Foreign Affairs and called for their integration into its motion for a resolution. … Continue Reading
South Korea, the EU and US imposed or strengthened sanctions against North Korea in March. South Korea’s sanctions include an asset freeze on, and a restriction on business dealings with, 38 individuals and 24 entities in North Korea alleged to be responsible for the development of weapons of mass destruction. Further sanctions were imposed against two individuals and six … Continue Reading
The UK, along with France, Germany and the US have criticised Iran for its recent missiles tests. In a joint letter to Spain’s UN ambassador and UN chief Ban Ki-moon, the group of countries accused Iran of defying a UN Security Council resolution by launching nuclear-capable missiles. The tests have reignited discussions over EU and US sanctions. The situation … Continue Reading
Early last week, President Barack Obama visited Cuba, the first U.S. executive to do so in 90 years, before concluding his trip abroad in Argentina. The President’s historic stop was overshadowed by the terrorist attack in Brussels. This week, President Obama will host the Nuclear Security Summit in Washington, on the margins of which he … Continue Reading
Adoption Day of the JCPOA occurred on 18 October 2015. On Adoption Day, the US took a number of steps to prepare for the implementation of its JCPOA obligations, including the US State Department’s issuance of waivers of certain statutory sanctions contingent on the JCPOA’s Implementation Day. Further information on Adoption Day can be found … Continue Reading
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
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
