US extends Iran export authorisations

medical-devices-1OFAC has extended the range of medical devices and agricultural commodities that are authorised for export to Iran pursuant to the Trade Sanctions Reform and Export Enhancement Act, as exceptions to US sanctions on Iran under the Iranian Transactions and Sanctions Regulations. It has also revised the definitions of “goods of Iranian origin” and “Iranian-origin goods” to clarify that they do not include authorised exports or goods transported through Iranian territorial waters or via Iran, provided they have not otherwise come into contact with Iran. OFAC’s press release is here.

This entry was posted in Iran, USA by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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