No sanctions lifted on Iranian shipping industry by U.S.

Photo: No sanctions lifted on Iranian shipping industry by U.S. / Iran

Baku, Azerbaijan, March 14

By Fatih Karimov - Trend:

The United States has not yet lifted sanctions against the Iranian shipping industry, ISNA quoted Masoud Daneshmand, an official at Iran's chamber of commerce, as saying on March 14.

The issue of lifting sanctions on 11 shipping lines affiliated with the Islamic Republic of Iran Shipping Lines (IRISL) has been raised by the EU, he said, adding that the U.S. has not yet lifted the sanctions.

Every company which does business with Iranian shipping lines will be subjected to the U.S. sanctions, he noted.

Sanctions against Iran's shipping lines may be lifted, the Mehr News Agency quoted the Islamic Republic of Iran Shipping Lines (IRISL) Managing Director Mohammad Hossein Dajmar as saying on Feb. 15.

Iran may negotiate with the P5+1 group for lifting the sanctions, he said, adding that the IRISL is currently providing an estimation of its losses as a result of the sanctions to be argued in international courts.

On November 29, 2013, Dajmar said the IRISL will sue the European Union for re-imposing the sanctions against the company.

Europe's court struck down EU sanctions against IRISL, he said, adding that unfortunately the European Union has reissued sanctions on the company.

Dajmar said that the company may fill a new complaint against the EU after consultations with its legal advisors.

On November 29, 2013, Iranian deputy foreign minister and top nuclear negotiator Abbas Araqchi criticized the EU for re-imposing sanctions against Iranian companies.

However he underlined that implementation of earlier imposed sanctions is not against a new nuclear deal among Iran and the P5+1 countries.

"But it is contrary to the spirit of cooperation and goodwill," he added, underlining that the new deal does not include softening of some main sanctions imposed on Iran previously.

Iran and six world powers reached a breakthrough deal early on Nov. 24 on Tehran's nuclear program. The two sides have signed a joint "plan of action".

On November 26, 2013, the EU re-imposed sanctions on a number of Iranian shipping companies including IRISL and one company involved in the development of nuclear reactors.

The governments in Europe and the United States had targeted hundreds of Iranian companies such as IRISL, accusing them of aiding Tehran's nuclear program which they suspect has covert military aims and which they want curbed, Reuters reported.

But Europe's second highest General Court has argued in some cases, including the one related to IRISL, that the EU failed to provide sufficient evidence linking the companies to Iran's nuclear work to justify sanctions and ordered to lift them.

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