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
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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
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
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