The EU states have decided to tighten sanctions against Iran again. The background is the violence with which security forces are acting against demonstrators.

The sanctions list has been extended to include further individuals and companies. Entry bans apply to them. In addition, assets held in the EU are frozen. An overview of the sanctions against Iran can be found here.

“For all companies active in foreign trade, this means an increased level of attention when doing business with Iranian customers,” says attorney Dr. Ulrich Möllenhoff. Moreover, sudden changes in sanctions are not uncommon, he adds.

In addition to the human rights violations in the course of the demonstrations, the increasing involvement of Iranian drones in the Russian war of aggression against Ukraine was the reason for a further tightening of the embargo.

Source: European Commission, Möllenhoff Attorneys at Law (german)