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 transfer of goods and services used in connection with Iran's automotive sector:

- NDAA Sections 1245(d)(1) and (3);

- IFCA Sections 1244(c)(1), 1245(a)(1)(B), (a)(1)(C)(i)(II), (a)(1)(C)(ii)(II) and (c), 1246(a) and 1247(a); Section 5(a) of E.O. 13622 and Sections 2(a)(i), 3(a)(i)-(ii), 5 and 6 of E.O. 13645.

 

 

See also:
International Business Agreements
International Business Services
Feasibility Studies
Oil, Gas & Petrochemicals
Automotive Industries
Medicinal & Cosmeceutical Products

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