US grants Iraq 45-day sanctions waiver on Iranian energy

US-Iraq.jpgFollowing the full re-imposition of US Iran sanctions last week, the US has granted Iraq a temporary 45-day sanctions waiver to “continue purchasing natural gas and electricity from Iran”. See video announcement from the US Embassy in Baghdad, Iraq.

Eight other jurisdictions (China, India, Italy, Greece, Japan, South Korea, Taiwan and Turkey) were initially granted temporary waivers on the importation of Iranian oil, on the basis that they would stop or greatly reduce oil revenues in the coming weeks.

This entry was posted in Iran, Iraq, 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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