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Following Iran's nuclear deal, many foreign insurance companies specially from Italy, Germany and from the UK announced their willingness to invest in Iran's insurance industry.
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Last week saw the Council of the EU strengthen its position on Iran in the wake of similar US measures over the summer.CMS Cameron McKenna Nabarro Olswang - Article
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This week former Iranian President Rafsanjani, implicitly criticised President Ahmadinejad for failing to take the latest sanctions seriously.Clyde & Co - Article
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On 26th July 2010 Clyde & Co LLP published an article setting out the new Iran sanctions that had been adopted by the European Union Foreign Affairs Council.Clyde & Co - Article
EU Sanctions: Iran An Overview of Sanctions Adopted by the EU Foreign Affairs Council on 26 July 2010
On 27 July 2010, the EU imposed its toughest sanctions regime yet on Iran, with ramifications for energy, insurance, transport and financial sectors.Clyde & Co