Iran Sanctions, agreement in Vienna

Dear Sir, Madam,

Enclosed please kindly find a circular by the North of England P&I Club.  All Group Clubs issues similar circular.  

Also in the following is a snap-shot circular in Turkish by the law firm NSN, Istanbul.  Their circular summarises that the agreement in Vienna on 14.07.2015 with Iran sets out an intention to set a time table to lift the sanctions hopefully entirely.  At this stage the sanctions remain in force and the existing sanctions relief has been extended until a date to be advised.

Sayın İlgili,

Ekte North of England Klubunun yayınlamış olduğu İran Ambargosuna ilişkin son durum sirkulerini bulabilirsiniz.  

Ayrıca aşağıda NSN Hukuk Bürosunun konu ile ilgili öz bilgi veren sirkülerini de bulabilirsiniz.

QTE

14.07.2015 tarihinde İran ile anlaşmaya varan E3/EU+3 (China, France, Germany, the Russian Federation, the United Kingdom and the United States, with the High Representative of the European Union for Foreign Affairs andSecurity Policy) olarak tanımlanan ülkeler, İran'a uygulanan ambargoların belirli bir takvime göre kaldırılması hususunda mutabakata vardılar. Fakat bu mutabakata göre aşağıda kabaca tarif edilen bazı adımlar ve tarihler izlenecek  ve henüz takvim belli değil. Bu nedenle, daha önce ambargosu geçici olarak ve 30 Haziran 2015 tarihine kadar kaldırılan ürünlerle ilgili sürenin, yeni takvim açıklanana kadar uzatılmasına karar verildi.

Yani henüz ambargo tamamen kalkmadı, kalkması ile ilgili takvim bekleniyor. 30 Haziran 2015 e kadar ambargosu kaldırılan ürünlerle ilgili süre ise uzatılmış oldu. Aşağıda takvim ile ilgili genel bilgiyi gönderiyoruz.

Gelişmeleri bildireceğiz.

IMPLEMENTATION PLAN

34. Iran and the E3/EU+3 will implement their JCPOA commitments according to the

sequence specified in Annex V.

The milestones for implementation are as follows:

i. Finalisation Day is the date on which negotiations of this JCPOA are concluded

among the E3/EU+3 and Iran, to be followed promptly by submission of the

resolution endorsing this JCPOA to the UN Security Council for adoption without

delay.

ii. Adoption Day is the date 90 days after the endorsement of this JCPOA by the UN

Security Council, or such earlier date as may be determined by mutual consent

of the JCPOA participants, at which time this JCPOA and the commitments in this

JCPOA come into effect. Beginning on that date, JCPOA participants will make

necessary arrangements and preparations for the implementation of their

JCPOA commitments.

iii. Implementation Day is the date on which, simultaneously with the IAEA report

verifying implementation by Iran of the nuclear-related measures described in

Sections 15.1. to 15.11 of Annex V, the EU and the United States take the actions

described in Sections 16 and 17 of Annex V respectively and in accordance with

the UN Security Council resolution, the actions described in Section 18 of Annex

V occur at the UN level.

iv. Transition Day is the date 8 years after Adoption Day or the date on which the

Director General of the IAEA submits a report stating that the IAEA has reached

the Broader Conclusion that all nuclear material in Iran remains in peaceful

activities, whichever is earlier. On that date, the EU and the United States will

take the actions described in Sections 20 and 21 of Annex V respectively and

Iran will seek, consistent with the Constitutional roles of the President and

Parliament, ratification of the Additional Protocol.

v. UN Security Council resolution Termination Day is the date on which the UN

Security Council resolution endorsing this JCPOA terminates according to its

terms, which is to be 10 years from Adoption Day, provided that the provisions

of previous resolutions have not been reinstated. On that date, the EU will take

the actions described in Section 25 of Annex V.

35. The sequence and milestones set forth above and in Annex V are without prejudice

to the duration of JCPOA commitments stated in this JCPOA.

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