via Lobe Log
Bloomberg News reports on a new round of EU sanctions against Iranian banks and firms that will be announced tomorrow:
The new restrictions also include a ban on exports to Iran of materials that could be used in the Iranian nuclear and ballistic programs, in particular graphite, aluminum and steel as well as industrial software. In addition, the EU prohibited the import of natural gas from Iran and broadened the existing export ban on key equipment for the Iranian oil, gas and petrochemical industries.
…. The sanctions list will be extended to include 34 entities that provide “substantial financial support to the Iranian government” and one person involved in the country’s nuclear program, according to the EU statement. The companies are active notably in the oil and gas industry and in the financial sector, the EU said.
The National Iranian Tanker Co., the largest oil-vessel operator in Iran, is hiding some of the ownership of tankers it controls right under the nose of the U.S. in Central American tax havens, concealing their real nationality from flag registries.
…. On Monday, the EU will formally sign off a ban on the provision of flags to Iranian tankers and cargoes by nationals and companies in the bloc even when operating elsewhere, an EU diplomat said.
…. The same far-reaching measures are being considered against insurers covering Iranian cargoes and so-called classification societies, which survey them to ensure they are fit for sailing … In most cases, those still dealing with Iran are based in Asia.
- Pompeo’s New “Human Rights” Commission Is Up To No Good
- Rwanda Prepares the Foundations for Climate-Resilient Cities
- Women Are Pivotal in the War on Terror
- A Relentless Battle Against Poverty & Hunger in World’s Most Populous Region
- How NGOs in Rich Countries Control their Counterparts in Poor Countries..and Why they Refuse to Resolve it
- The Fight to End Violence Against Women in the Asia-Pacific Region
- International Green Court: A solution to achieving climate justice?
- Rwanda: Open for Business
- Prejudice and Discrimination, the Uncured Ills of Leprosy
- Avoiding the Mistakes of the Asian Green Revolution in Africa