| Author (Corporate) | European Commission, High Representative of the EU for Foreign Affairs and Security Policy |
|---|---|
| Series Title | JOIN |
| Series Details | (2012) 2 final (17.2.12) |
| Publication Date | 17/02/2012 |
| Content Type | Policy-making |
|
The EU introduced sanctions against the Islamic Republic of Iran under Regulation (EC) No 423/2007, giving effect to Common Position 2007/140/CFSP and implementing the relevant measures provided for under UN Security Council Resolution 1737 (2006). Since then, the EU has expanded sanctions in line with UNSCR 1747 (2006), 1803 (2008) and 1929 (2010) and imposed additional measures targeting Iran’s nuclear and ballistic proliferation programme. On 25 October 2010, the Council adopted Regulation (EU) No 961/2010 on restrictive measures against Iran and repealing Regulation (EC) No 423/2007, in order to give effect to Council Decision 2010/413/CFSP. Regulation (EU) No 961/2010 expanded restrictive meaures, in particular in the financial and energy sectors, as well as in the transport sector. In line with the mandate received from the European Council on 9 December 2011, the Council approved, on 23 January 2012, Decision 2012/35/CFSP providing for additional restrictive measures against Iran. Furthermore, certain technical amendments to existing measures have also become necessary. Mechanisms for exchange of information between competent authorities of the Member States and the Commission should also be revised in order to enhance effective implementation of the restrictive measures. It is therefore necessary to amend Regulation (EU) No 961/2010. For the sake of clarity, the Commission and the High Representative of the EU for Foreign Affairs and Security Policy propose to replace it by a new, consolidated Regulation. |
|
| Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=JOIN:2012:002:FIN |
| Related Links |
|
| Countries / Regions | Europe, Middle East |
