World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Iran: EU suspends certain sanctions

Iran: EU suspends certain sanctions as Joint Plan of Action enters into force

As part of the implementation of the Joint Plan of Action agreed by Iran and the E3/EU+3, which enters into force today, the Council today suspended certain EU restrictive measures against Iran for a period of six months. By putting the sanctions relief in place, the EU has implemented its part of the first step towards a comprehensive solution to address concerns about the Iranian nuclear programme. The first step may be prolonged by mutual consent between the Iran and the E3/EU+3.

Today's decision has lifted the prohibition on the provision of insurance and transport in relation to Iranian crude oil sales to its current customers. In addition, the prohibition on the import, purchase or transport of Iranian petrochemical products and related services has been suspended. To enable the transport of Iranian crude oil and petrochemical products, the prohibition on the provision of vessels is also suspended.

The ban on trade in gold and precious metals with the Iranian government, its public bodies and the Central Bank of Iran has also been suspended. As foreseen by the Joint Plan of Action, the thresholds for authorising financial transfers to and from Iran have been increased tenfold in order to ease legitimate trade with Iran.

The suspension will last for a period of six months during which relevant contracts will have to be executed. The legal acts adopted by the Council will be published later today in the EU Official Journal and enter into force today.

The remainder of the EU sanctions against Iran remain in force. For more details about them and on EU-Iran relations, see factsheet European Union and Iran.

EU sanctions apply in the EU, to EU nationals as well as to entities incorporated under the law of a member state. For more information, see factsheet EU restrictive measures.

See also: Joint Plan of Action between the E3/EU+3 and Iran
Statement by the High Representative on the Joint Plan of Action with Iran

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Julie Webb-Pullman: Palestinian National Unity Government

A national unity government. Elections. A new-look PLO. Community reconciliation. Big hopes, even bigger expectations as representatives of the Palestinian Liberation Organisation (PLO) and Hamas came to an agreement in Gaza today to form a national unity government and hold elections. More>>

ALSO:

Whaling: Japan’s Institute for Cetacean Research In Defiance Of World Court Ruling

The ICR Today Filed Court Briefs Stating They Intend to Return to Antarctica to Hunt Whales in 2015-2016; Will Seek to Enjoin Other Sea Shepherd Entities from Obstructing Their Operations More>>

Ukraine: UN Urges 'Maximum Restraint' Amid Situation In East Ukraine

Deeply concerned by the deteriorating situation in eastern Ukraine, United Nations Secretary-General Ban Ki-moon has called for maximum restraint and appealed to all sides to work towards calming the situation, which has the 'growing potential' to ... More>>

United Nations: Children Can Now Lodge Complaints With The UN

GENEVA (14 April 2014) – United Nations child rights experts have hailed a new treaty that allows children to complain directly to the UN Committee on the Rights of the Child about alleged violations of their rights. More>>

India: Election But A Ritual In Nation Lacking Rule Of Law

The Asian Human Rights Commission (AHRC) congratulates the people of India for their participation to elect the 16th Lok Sabha. The process has attracted, as usual, considerable media attention across the world. Media claims the process to be 'the largest democratic ... More>>

Solomon Islands: Thousands Remain Affected After Flash Floods

An estimated 52,000 people remain affected in the worst-hit areas of Honiara and greater Guadalcanal following last week’s devastating floods which killed at least 23 people. More>>

ALSO:

World: Some 437,000 People Murdered Worldwide In 2012 - UN

Almost half a million people across the world lost their lives in 2012 as a result of intentional homicide, with the highest murder rates logged in the Americas and Africa, and the lowest in Europe, Asia and Oceania, the United Nations Office on ... More>>

Central African Republic:: Security Council Establishes UN Peacekeeping Mission

Deeply concerned about the deteriorating security situation and ongoing human rights abuses in the Central African Republic (CAR), the Security Council today approved the establishment of a nearly 12,000-strong United Nations peacekeeping operation ... More>>

ALSO:

Parliament: NZ Sending Aid Flight To Solomons

Foreign Affairs Minister Murray McCully has announced further support for the response to severe flooding in Solomon Islands. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news