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July 16, 2015: HMT issues Iran sanctions relief notice

Dear Subscribers,

On 14 July 2015, The E3+3 (UK, France, Germany, Russia, China and US) the EU and Iran reached a comprehensive agreement on Iran’s nuclear programme. The successful implementation of the Joint Comprehensive Plan of Action (JCPoA)will ensure the exclusively peaceful nature of the Iranian nuclear programme and provide for the lifting of all nuclear-related sanctions.
Joint Plan of Action to allow for the necessary arrangements and preparations for the implementation of the JCPoA. The suspension of the restrictive measures specified in the Joint Plan of Action is therefore extended until 14 January 2016 under EU Council Decision 2015/1148. In practice this means sanctions against Iran in EU Regulation 267/2012 (as amended), including the current thresholds for prior notification or prior notification of Iran transfers are unchanged. This guidance remains in force.
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Categories: Iranian Sanctions Joint Comprehensive Plan of Action (JCPOA) Updates Joint Plan of Action (JPOA) Updates OFSI Updates Sanctions News Sanctions Programs


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