On 24 November 2013, the five permanent members of the UN Security Council and Germany (P51) reached an agreement with Iran on a Joint Plan of
The case of The "Sahand" has drawn attention to the measures taken by Singapore in response to the international sanctions and assets freezing orders by the United States, the European Union and the United Nations.
On September 3, 2010, the Government of Japan announced new sanctions against Iran to implement United Nations Security Council (UNSC) resolution 1929.
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.
The European Union has on 26 July 2010 imposed tough new economic sanctions against Iran, going beyond the fourth round of sanctions approved by the UN Security Council last month.
The enactment of the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2009 (the "Iran Sanctions Act"), signed by President Obama in the first week of July, threatened the status quo regarding the insurance and reinsurance by international insurance firms of risks relating to the Iranian petroleum industry, including cargos of oil and petrochemical equipment.
As the US continues to pursue multilateral efforts to intensify sanctions on Iran, yesterday, President Obama signed into law HR 2194, the Comprehensive Iran Sanctions Accountability and Divestment Act ("CISADA"), following approval of the Conference Report on the legislation by both the US House and US Senate on June 25.
On June 9, 2010, the United Nations Security Council passed Resolution 1929 (UNSCR 1929) which expands existing sanctions on Iran.
Legislation designed to strengthen US unilateral sanctions against, and deter companies from doing business in, Iran could affect a variety of global business operations, including some with no direct connection to Iran.