The European Council is reinstating a wide range of restrictive measures against Iran after the UN sanctions snapback triggered by France, Germany, and the United Kingdom. The decision followed the Security Council’s refusal to extend the lifting of sanctions under Resolution 2231.
“Today, the Council agreed to reimpose a number of restrictive measures in relation to Iran's nuclear proliferation activities, that had then been suspended with the entry into force of the Joint Plan of Action (JCPoA or Iran nuclear deal) in 2015,” the Council said in a press release on Monday.
The statement confirmed that the restored measures include “both those adopted by the UN Security Council since 2006 with successive UNSC resolutions and automatically transposed into EU law, and EU autonomous measures.”
The sanctions target individuals and entities with travel bans and asset freezes, alongside prohibitions on making funds or economic resources available to them.
Economic and financial restrictions will again apply to trade, finance, and transport. “In addition to the arms export ban to Iran and the ban on transfer of any items, materials, goods and technology that could contribute to Iran’s enrichment-related and reprocessing activities and ballistic missile programs, the measures also include bans on imports, purchase and transport of crude oil, natural gas, petrochemical and petroleum products and related services,” the Council said.
The sanctions extend to “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, [and] a ban on certain software.”
Financial penalties include “the freezing of assets of the Central Bank of Iran and of major Iranian commercial banks,” the Council added.
Transport restrictions were also reinstated. “The EU is reinstating measures to prevent access to EU airports of Iranian cargo flights, and to prohibit the maintenance and service of Iranian cargo aircraft or vessels carrying prohibited materials or goods,” the Council noted.
