Recent Posts by admin

Iran’s Sanction relief for non-US persons ONLY!

Pursuant to the conclusion of the JCPOA on July 14, 2015, between Iran and the 5+1 powers, nuclear-related sanctions applied by the US against Iran shall be lifted. However, such US sanctions would be terminated against non-US persons only. Section 4 of the JCPOA states, "The sanctions that the United States will cease to apply,…
Read more

Oil and Petrochemicals

New Regulations On the strength of Article 21 of the JCPOA, the following sanctions will be lifted, for non-US persons (for the definition, see the end of this file): Investment, including participation in joint ventures, goods, services, information, technology and technical expertise and support for Iran's oil, gas and petrochemical sectors; Purchase, acquisition, sale, transportation…
Read more

Automotive Sector

  New Regulations On the strength of Article 21 of the JCPOA, the following sanctions will be lifted, for non-US persons: xvi. Sale, supply or transfer of goods and services used in connection with Iran’s automotive sector. The above sanctions are found in the following US laws and regulations: Sanctions on the sale, supply or…
Read more

Recent Comments by admin

No comments by admin yet.