THE JOURNAL OF EXPORT CONTROLS AND SANCTIONS

Issue 80, June 2019

US announces new secondary sanctions on Iran’s iron, steel, aluminium, and copper sectors 

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By Miller & Chevalier www.millerchevalier.com   On 8 May 2019, President Trump issued a new executive order ‘Imposing Sanctions with Respect to the Iron, Steel, Aluminum, and Copper Sectors of Iran’. The ‘Iran Metals EO’ is the first round of new sanctions imposed on Iran since the full re-imposition of sanctions in November 2018 and the first Iran sanctions targeting a new sector of the Iranian economy since before the Joint Comprehensive Plan of Action (‘JCPOA’, aka the Iran Nuclear Deal). The new sanctions apply not only to Iranian persons operating in the iron, steel, aluminium, and copper sectors of...

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