EU renews sanctions on Iran’s Bank Tejarat

Despite the recent, but still partial, warming of relations between the EU and Iran with regard to its nuclear programme, a Council decision dated 7 April put Bank Tejarat back on the list of persons and entities subject to restrictive measures appearing in Annex II of Decision 2010/413/CFSP. On 22 January, in two joint cases (T-420/11 and T-56/12), the General Court had annulled two decisions from 2011. On the basis of a new explanatory statement, Bank Tejarat is therefore back…