Iranian Sanctions – Joint Action Plan is Implemented in EU

January 27, 2014

Implementation of the Joint Action Plan agreed between the E3/EU+3 in October 2013 by suspending certain sanctions against Iran in relation to nuclear proliferation began on 20 January 2014. This suspension includes sanctions relating to crude oil, petrochemicals and gold, precious metals and diamonds. Furthermore, the thresholds applying to fund transfer restrictions to and from any Iranian Person have been modified.

Read the full article.