06 OCTOBER 2015www.lexology.com
Iran Aluminium Co sanctions listing annulled
Edited by : AL CIRCLE
1 min read
The inclusion of Iranian Aluminium Co (“Iralco”) by the Council of the EU in the EU’s nuclear proliferation sanctions on Iran has been annulled by the CJEU in Case T-158/13 Iranian Aluminium Co v Council. The judgment was given on 15 September 2015.
Iralco had been subject to sanctions since 2012 for allegedly assisting other designated entities to violate the provisions of the UN and EU’s Iran sanctions, supporting Iran’s proliferation-sensitive nuclear activities, and contracting to supply aluminium to Iran Centrifuge Technology Company, an entity subject to EU sanctions. Iralco denied the Council’s reasons for listing, and the Council produced no supporting evidence in response. The listing was therefore annulled on the basis that the Council had made an error in its listing assessment.
The Council now has two months to remedy the errors outlined in the judgment, during which time the sanctions against Iralco remain in place.
Iralco had been subject to sanctions since 2012 for allegedly assisting other designated entities to violate the provisions of the UN and EU’s Iran sanctions, supporting Iran’s proliferation-sensitive nuclear activities, and contracting to supply aluminium to Iran Centrifuge Technology Company, an entity subject to EU sanctions. Iralco denied the Council’s reasons for listing, and the Council produced no supporting evidence in response. The listing was therefore annulled on the basis that the Council had made an error in its listing assessment.
The Council now has two months to remedy the errors outlined in the judgment, during which time the sanctions against Iralco remain in place.
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