Global Trade Alert
Global Trade Alert

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EU: Expanded export ban to Iran and transaction ban with certain ports

Description

On 18 November 2024, the European Union adopted Council Regulation (EU) 2024/2897 establishing a new framework to prohibit any transactions with listed ports and locks. The regulation also adds the fi...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

18 Nov 2024

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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