Sanctions
Australia announces new sanctions against Iran
On 10 January 2013, the Australian Foreign Minister, Bob Carr, announced the Australian government’s intention to implement further autonomous sanctions against Iran. The announcement came three days after Australia was appointed chair of the UN Security Council sanctions committees. According … Continue reading
US expands sanctions against Iran
On August 10, 2012, the US implemented new sanctions against Iran through the enactment of the Iran Sanctions, Accountability and Human Rights Act of 2012 (the “Act“). The Act is designed to place new restrictions on the Iranian economy to … Continue reading
Filed under Public International Law, Sanctions, The Americas
US eases sanctions against Myanmar
On 11 July 2012, the US relaxed its sanctions regime against Myanmar by, subject to certain restrictions, lifting the prohibition on the export of financial services to Myanmar and permitting US persons to undertake new investment in Myanmar. The changes will allow … Continue reading
Filed under Sanctions
Temporary suspension of sanctions against Burma/Myanmar
On 14 May 2012 the Council of the EU finally adopted the Regulation required to implement its Decision of 26 April 2012 to suspend, for one year, the bulk of the restrictive measures applied to Burma/Myanmar in various forms since … Continue reading
Filed under Sanctions
EU implementing Regulations for Iran oil embargo
On 23 January 2012, the European Council adopted Decision 2012/35/CFSP, setting out a range of new sanctions on Iran, including an oil embargo. Many elements of the extended sanctions required implementing legislation to be brought into force. That legislation was … Continue reading
Filed under EU Law, Europe, Middle East, Sanctions
Commercial disputes after the Arab Spring
Craig Tevendale (Partner, London) and Stuart Paterson (Partner, Dubai) have published an article in the March 2012 issue of Commercial Dispute Resolution (CDR). It focuses on the Arab Spring and examines the major commercial disputes issues arising from the political upheaval … Continue reading
Financial and trade sanctions against Iran strengthened
Three measures against Iran adopted on 23 January 2012 by the EU’s Foreign Affairs Council add yet another layer to the extensive Iranian sanctions regime, which will need to be carefully considered by any EU business involved in any enterprise … Continue reading
Filed under EU Law, Middle East, Sanctions
UN steps up sanctions on Iran
On 9 June 2010, the UN Security Council voted in favour of fresh sanctions against Iran over its nuclear programme which will have practical implications for many corporate entities. In the light of these new sanctions, companies must exercise extreme … Continue reading
Filed under Public International Law, Sanctions
