Global Trade Alert
Global Trade Alert

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

Announcement

18 Nov 2024

In November 2024, the European Union expanded its sanctions against Iran for its involvement in the Russian invasion of Ukraine.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Nov 2024

Revocation date:

No revocation date

Announced: 18 Nov 2024
Controls on commercial transactions and investment instruments In force
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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Announced: 18 Nov 2024
Export ban In force
On 18 November 2024, the European Union adopted Council Regulation (EU) 2024/2897 expanding the export ban against Iran for its involvement in the Russian invasion of Ukraine. The regulation adds seve...
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