EU removes entities from Iran sanctions lists

blogblogblogFollowing a review of its nuclear sanctions on Iran and several judgments of the General Court and the Court of Justice annulling listings on those measures, the EU has confirmed that a number of entities no longer appear on the EU’s sanctions lists (see previous blogs here and here).  They are:

  • Moallem Insurance Company
  • Petropars Operation & Management Company
  • Petropars Resources Engineering Ltd
  • Iran Aluminium Company
  • Iran Liquefied Natural Gas Co.
  • Hasseatic Trade Trust & Shipping (HTTS) GmbH
  • Naser Bateni
  • North Drilling Company
  • Good Luck Shipping Company LLC

In addition, the EU has confirmed that it has deleted from its sanctions lists the following entities:

  • Bank Saderat PLC (London) (see previous blogs on the EU deletion of Bank Saderat Iran)
  • Neka Novin
  • West Sun Trade GMBH
  • Oil Industry Pension Fund Investment Company (OPIC)

See Regulation (EU) 2017/77 implementing Regulation 267/2012 and Decision 2017/83 amending Decision 2010/413/CFSP.  HM Treasury’s notice is here.

This entry was posted in Iran, Latest EU Measures 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.

Please Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s