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On 18 January 2016, the UK’s Department for Business, Innovation & Skills published a Notice to UK exporters, Notice 2016/05, on the lifting of the EU nuclear-related sanctions against Iran:
This Notice provides a helpful summary of the range of items that are no longer prohibited from supply to Iran, but are subject to UK export licensing requirements as of Implementation Day. This includes:
- Nuclear-related goods and technology as specified on the Nuclear Suppliers Group (NSG) Trigger List and the NSG Dual-Use List and listed in Annex I of Council Regulation (EU) 267/2012. The UK is required to seek approval from the UN Security Council through a ‘Procurement Channel’ before granting a licence for these items, in relation to which the Notice reveals that the UK Export Control Organisation will be issuing guidance in due course.
- Nuclear-related goods and technology as listed in Annex II of Council Regulation (EU) 267/2012.
- Metals: certain graphite and raw or semi-finished metals.
- Enterprise Resource Planning (ERP) software, including updates.
- Provision of technical assistance, brokering services, or financial assistance related to any of the above.
For further guidance on the UK export licensing implications, please do not hesitate to contact Baker & McKenzie’s International Trade team in London. Please see our Sanctions blog for further updates and additional information.
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