This week former Iranian President Rafsanjani, implicitly
criticised President Ahmadinejad for failing to take the latest
sanctions seriously. Rafsanjani is reported as saying "We have
never had such intensified sanctions and they are getting more and
more intensified every day. Wherever we find a loophole, they
(Western powers) block it."
We have seen during this week that indeed the loopholes are
closing and we have taken the opportunity to summarise some of the
key developments from recent days.
Recent Developments
In our Update of 10th August we summarised the draft EU
Regulation that (when adopted) will implement Council Decision
2010/413/CSFP dated 26 July 2010. We understand that the draft is
still being discussed at working party level, including
representatives from Member States, the Council's General
Secretariat and the Commission. After a final text is agreed it
will be distributed to the Member States and formally adopted at a
Council meeting. This