UN removes 2 more entities from Iraq sanctions list

UN5The UN Security Council has removed 2 further entities from its Iraq sanctions list: State Enterprise For Automotive Industry, and State Organization For Construction Industries. They will no longer be subject to UN asset freezes. Since June 2018, the UN has delisted 17 entities from its Iraq sanctions list.

UN removes 5 more entities from Iraq sanctions list

UN4The UN Security Council has removed a further 5 entities from its Iraq sanctions list:  State Company For Electrical Industries; State Enterprise For Drug Industries; Iraqi Fairs Administration; State Enterprise For Shopping Centres; and State Trading Company For Construction Materials. As a result, the entities will now longer be subject to UN asset freezes. See UN press releases here and here.

The EU implemented the de-listings of the ‘State Company For Electrical Industries’ and the ‘State Enterprise For Drug Industries’ yesterday, see Commission Implementing Regulation (EU) 2018/1286.

UN & EU remove ‘Taji Industrial Complex’ from Iraq sanctions list

UN5Yesterday, the UN Security Council removed Taji Industrial Complex from its Iraq sanctions list. As a result, the entity will no longer be subject to UN asset freezing measures. UN press release here.

On 7 September 2018, the EU implemented this UN delisting, see Commission Implementing Regulation (EU) 2018/1218.

UN removes another Iraqi entity from sanctions list

UN2The UN Security Council has removed the ‘Directorate General of Geological Survey and Mineral Investigation’ from its Iraq sanctions list. As a result, it will no longer be subject to UN asset freezing measures. See UN press release and UK OFSI Notice.

This is the ninth entity to be delisted from the UN’s Iraq sanctions since June 2018 (see our previous blogs).

UN removes 4 state entities from Iraq sanctions

UN4Yesterday, the UN Security Council removed 4 Iraqi state entities from its sanctions list: Iraqi Tobacco State Establishment; Mosul Sugar State Company; State Enterprise for Dairy Products; and State Enterprise for Vegetable Oils. As a result, they will no longer be subject to UN asset freezing measures. UN press release here. These de-listings were implemented by the EU under Commission Implementing Regulation (EU) 2018/1066. UK OFSI Notice here.

Earlier this month, the Council also removed the General Establishment for Grain Trading from its Iraq sanctions list (previous blog), as well as 2 Iraqi insurance companies: Iraqi Life Insurance Company and National Insurance Company (previous blog). These de-listings were implemented by the EU under Commission Implementing Regulation (EU) 2018/979 and Commission Implementing Regulation (EU) 2018/1025 respectively.

UN lifts sanctions on 2 Iraqi insurance companies

UNSCLast week (13 July 2018), the UN Security Council removed 2 entities from its Iraq sanctions list: ‘Iraqi Life Insurance Company’ and ‘National Insurance Company’. As a result, they will no longer be subject to UN asset freezing measures. UN press release here.

EU implements UN de-listing of Iraq’s State Organisation of Grain

EU4Earlier this week, the UN Security Council removed the ‘General Establishment for Grain Trading’ from its Iraq sanctions list (previous blog).

Yesterday, the EU implemented this UN delisting by adopting Commission Implementing Regulation (EU) 2018/979. As a result, the body will no longer be subject to EU asset freezing measures. UK OFSI Notice here.