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Updates on the lifting of the EU sanctions against Iran related to merchant shipping

According to the recent Council Decisions (CFSP) 2015/1863 and 2016/37, along with Council Regulation (EU) 2015/1861, as of January 2016, the following restrictions against Iran, being associated with merchant shipping, have been revoked:

  1. The prohibition to the sale, supply and transfer of items , materials, equipment , goods , technology contained in the Nuclear Suppliers Group and Missile Technology Control Regime or which could contribute to enrichment- related, repossessing or heavy-water related activities or to the development of nuclear weapon delivery systems (Article 1 (1) (a), (b), (d),(e) and Article 2 of Council Decision 2010/413 as amended);
  2. The prohibition to import, purchase or transport of Iranian crude oil, petroleum and petrochemical products and of Iranian natural gas, as well as , the prohibition to provide, directly or indirectly, financing or financial assistance as well as insurance and reinsurance, related to the import, purchase or transport of Iranian crude oil and petroleum products (Articles 3a, 3b and 3c of Council Decision 2010/413 as amended) ;
  3. The prohibition to sale, supply or transfer of key equipment and technology for certain key sectors of the oil and natural gas and the petrochemical industry in Iran or to Iranian or Iranian-owned enterprises engaged in those sectors (Article 4 and 4a of Council Decision 2010/413 as amended);
  4. The prohibition relating to the direct or indirect sale, purchase, transportation or brokering of gold and precious metals, as well as of diamonds (Article 4c of Council Decision 2010/413 as amended);
  5. The prohibition relating to the delivery of newly printed or minted or unissued Iranian denominated banknotes and coinage ( Article 4d of Council Decision 2010/413 as amended);
  6. The prohibition to the sale, supply, or transfer to Iran of graphite and raw or semifinished metals such as aluminium and steel (Article 4e of Council Decision 2010/413 as amended) ;
  7. The prohibition to sale, supply, transfer or export of naval equipment and technology for ship building, maintenance or refit, to Iran or to any Iranian persons engaged in this sector (Article 4g of Council Decision 2010/413 as amended);
  8. The prohibition to sale, supply or transfer to Iran of software for integrating industrial processes ( Article 4i of Council Decision 2010/413 as amended);
  9. The prohibition relating to the construction of new oil tankers for Iran or for Iranian persons or entities (Article 8a of Council Decision 2010/413 as amended);
  10. The prohibition relating to the provision of insurance and re-insurance to the Government of Iran or to entities incorporated in Iran or subject to Iran’s jurisdiction (Article 12 of Council Decision 2010/413 as amended);
  11. The obligation to communicate to the Committee any information available on transfers or activity by vessels owned or operated by the Islamic Republic of Iran Shipping Lines (IRISL) (Article 16 of Council Decision 2010/413 as amended);
  12. The prohibition to provide flagging and classification services, including registration and identification numbers of any kind, to Iranian oil tankers and cargo vessels (Article 18a of Council Decision 2010/413 as amended); and
  13. The prohibition to supply vessels designed for the transport or storage of oil and petrochemical products to Iranian persons, entities or bodies (Article 18b of Council Decision 2010/413 as amended).

For more information please visit: http://eur-lex.europa.eu