The European Union Council has decided to reinstate a series of restrictions in response to Iran’s nuclear proliferation activities. This decision was made following the reimposition of United Nations sanctions.
In addition to the arms export ban to Iran and the ban on transfer of any items, materials, good and technology that could contribute to Iran’s enrichment-related and reprocessing activities and ballistic missile programmes, the measures also include bans on:
- imports purchase and transport of crude oil, natural gas, petrochemical and petroleum products and related services
- the sale or supply of key equipment used in the energy sector
- the sale or supply of gold, other precious metals and diamonds
- certain naval equipment
- a ban on certain software
The EU is reimposing the freezing of assets of the Central Bank of Iran and of major Iranian commercial banks.
Lastly, the EU is reintroducing measures to prevent access to EU airports by Iranian cargo flights.
