Brussels: The European Union has reimposed suspended sanctions on Iran, following Teheran's failure to comply with an agreement aimed at preventing Iran from obtaining a nuclear bomb.
According to Ghana News Agency, the 2015 agreement provided for restrictions on Iran's nuclear enrichment program in return for sanctions relief. However, Iran has not sufficiently complied with its obligations under the treaty, prompting the reinstatement of international sanctions.
The EU's reimposed sanctions include a ban on the import, purchase, and transport of crude oil, oil products, and natural gas, as well as trade in certain software products, energy technology, marine equipment, precious metals, and diamonds, a press release stated. Additionally, the sanctions include measures to prevent Iranian cargo aircraft from accessing EU airports and a ban on the maintenance and repair of Iranian cargo aircraft or ships transporting certain materials or goods.
Travel bans and asset freezes are set to be reintroduced against individuals associated with the Iranian nuclear program, as well as companies and organizations. The EU's decision to reimpose sanctions follows a United Nations Security Council decision earlier this month not to extend the lifting of UN sanctions on Iran.
Previously, Germany, the UK, and France had called for the punitive measures to be reinstated after Iran missed a deadline to comply with the 2015 agreement. The restored sanctions come in addition to those the EU had imposed independently for human rights violations and military support for Russia in its war against Ukraine, which were not lifted under the nuclear deal. These measures also include an arms embargo.
