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Communication from the Minister for Economic Affairs of the Kingdom of the Netherlands on the basis of Article 3(2) of Directive 9422EC of the European Parliament and of the Council on the conditions for granting and using authorisations for the prospection, exploration and production of hydrocarbons
Over the past several weeks, the United States and European Union have continued to impose additional sanctions, have taken steps to implement previously imposed restrictive measures, andor have proposed new sanctions targeting certain dealings with Iran andor designated persons and entities
On 26 July 2010, the European Union ("EU") adopted a set of new wide-reaching sanctions against Iran, which are of particular interest to companies in the financial services (including insurance), oil and gas, and transportation sectors
In light of the latest findings of the International Atomic Energy Agency of the United Nations on Iranian activities relating to the development of military nuclear technology, the European Union further reinforced its sanctions regime against Iran
This week, the European Union (EU) extended the asset freeze and admission ban to additional individuals for Syria, Libya, Belarus, and Iran, as well as to new entities in Iran (see attached list
