Sweeping Economic Sanctions Against Iran: Now What?
August 24, 2010, 7:15 PM EDT
Law360, New York (August 24, 2010, 7:15 PM EDT) -- On July 26, 2010, the Council of the European Union imposed a sweeping new set of economic sanctions against Iran, exceeding the United Nations sanctions adopted on June 9, 2010, and rivaling U.S. measures implemented through the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010.
The decision was published July 27, 2010, (L. 195/39) (the “EU decision”) and expresses the common position of the governments of the 27 member states. A council regulation will subsequently be issued enforcing the EU decision, which will probably amend...