Iran

Iran files case against the USA before the ICJ

In a press release published on 15 June 2016 (available here), the International Court of Justice ("ICJ") announced that Iran has instituted proceedings against the USA, in respect of alleged violations under the 1955 US-Iran Treaty of Amity, Economic Relations … Continue reading

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Filed under ICJ, Iran, Middle East, Sanctions, State to state claims, US

Herbert Smith Freehills publishes second edition of Iran Investment Guide

Herbert Smith Freehills is pleased to announce the publication of an updated version of its Iran Investment Guide. The guide describes the key legal aspects that foreign investors should consider when investing in Iran. It has been updated to take into … Continue reading

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Filed under Iran, News, Sanctions

“Implementation Day” (16 January 2016) marks a significant relaxation of EU and US sanctions against Iran

On 16 January 2016, or "Implementation Day", legislation in the United States ("US") and European Union ("EU") came into effect, relaxing significantly the sanctions in place against Iran. This followed the issuing of a report by the International Atomic Energy … Continue reading

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Iran sanctions – UK updates guidance on doing business with Iran as implementation day approaches

Since the announcement of the Joint Comprehensive Plan of Action ("JCPOA") in July 2015, companies have been preparing for the relaxation of sanctions that will allow them to re-enter Iran.  As Implementation Day (the point at which some sanctions will … Continue reading

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Filed under EU, Iran, News, Sanctions, UN, US

ADOPTION DAY UNDER THE IRAN AGREEMENT – US AND EU PUBLISH DETAILS OF CHANGES TO THEIR SANCTIONS REGIMES

The Joint Comprehensive Plan of Action relating to Iran's nuclear programme (the "JCPOA") officially came into effect on 18 October ("Adoption Day"), requiring all JCPOA participants to make the necessary arrangements and preparations for implementation of their respective JCPOA commitments.  … Continue reading

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Filed under EU, Iran, Middle East, News, Sanctions, US