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
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
