Iran Regime

Council Regulation (EU) 2024/2897 of 18 November 2024 amending Regulation (EU) 2023/1529 concerning restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the Middle East and the Red Sea region

In view of Iran’s continued military support to Russia’s war of aggression against Ukraine and in particular Iran’s supply of unmanned aerial vehicles (UAVs) and missiles to Russia, Decision (CFSP) 2024/2894 introduces further restrictive measures.

The measures introduce a prohibition on the export, sale, transfer or supply from the Union to Iran of further components used in the development and production of UAVs and of components used in the development and production of missiles.

In addition, the measures introduce a transaction ban prohibiting any transaction with ports and locks that are owned, operated or controlled by listed natural or legal persons, entities and bodies or are used for the transfer of Iranian UAVs or missiles or related technology or components thereof to Russia in support of its war of aggression against Ukraine. That includes access to facilities of the listed ports and locks and the provision of any services to vessels. An exemption for maritime safety is included.

COUNCIL IMPLEMENTING REGULATION (EU) 2024/2896 of 18 November 2024 implementing Regulation (EU) 2023/1529 concerning restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the Middle East and the Red Sea region

In view of the gravity of the situation, one person and four entities were included in the list of natural and legal persons, entities and bodies subject to restrictive measures set out in Annex III to Regulation (EU) 2023/1529.

Posted in Posts - Latest Updates in EU and UN Sanctions.