ARTICLE · 01 FEBRUARY 2012

Iran And Syria - Sanctions Update

Reed Smith (Worldwide)

Explore more from Reed Smith (Worldwide)

The latest sanctions against Iran have been much publicized and are set against a backdrop of Iranian officials threatening to escalate the situation further by blocking the Strait of Hormuz.

GlobalTransport

Mark Church

Alexandra Allan

Author LinkedIn connections

The latest sanctions against Iran have been much publicized and are set against a backdrop of Iranian officials threatening to escalate the situation further by blocking the Strait of Hormuz.

This alert focuses on the key developments and also provides an update on the sanctions against Syria.

Iran - EU Sanctions

Council Decision 2012/35/CFSP was adopted on 23 January 2012. It makes numerous amendments to Council Decision 2010/413/CFSP, including the insertion of Articles 3a and 3b, which read:

Article 3a

1. The import, purchase or transport of Iranian crude oil and petroleum products shall be prohibited.

The Union shall take the necessary measures in order to determine the relevant items to be covered by this provision.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Collision At Sea

Azmi & Associates

Iran Bonrail Company To Cooperate With German State Railway

Shanda Consult Ltd

Iranian Shipping Sector Opened Up By JCPOA Deal

Iran Sanctions Update

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Transport
- Marine/ Shipping

Related Comparative Guides

Comparative Guide

Aviation Finance & Leasing

Comparative Guide

Shipping

See more popular content from

Transport

Iran Sanctions Update

The effects of sanctions imposed against Iranian entities by the US, the UN, the EU and the UK are already extensive.

Collision At Sea

There are many factors that contribute to events that result in ship collisions. Some of these are set out below: Haste to arrive at a port in daylight or on a certain tide. Reluctance to ‘lose face' when doubt is creeping.

Azmi & Associates

Iran Bonrail Company To Cooperate With German State Railway

Bonyad Eastern railway company (Bonrail) and German State Railway, have signed a MoU for technical and financial cooperation on 20 May 2017 in Tehran.

Shanda Consult Ltd

Iranian Shipping Sector Opened Up By JCPOA Deal

For some significant Iranian shipowners such as NITC and IRISL the sanctions meant that they were placed completely off limits to charterers, cargo interests, and – crucially - insurers by asset freezes.