Federica Mogherini Issues Statement on Next Steps for EU Sanctions on Iran
A year after the conclusion of the Joint Comprehensive Plan of Action (JCPOA) with Iran, Federica Mogherini, the EU’s High Representative for Foreign Affairs and Security Policy, issued a statement on the progress to date and the next steps for EU sanctions on Iran. The EU is set to continue to actively support the full and effective implementation of the JCPOA throughout the lifetime of the agreement. Mogherini also reiterated that the EU’s sanctions-related commitments under the JCPOA had been fulfilled. Clarity regarding the lifting of the sanctions is paramount in order to allow a full reengagement of European banks and businesses with Iran. In this respect, Mogherini noted that the EU has published guidance, including a comprehensive note, on the sanctions which have been lifted.