Articles on Arbitration in Dubai & UAE, Banking, UAE Criminal Law & Extradition, Dubai Property Law, Trademarks and IP, Aviation by Lawyers in Dubai – STA
Sourced through Scoop.it from: www.stalawfirm.com
In 2005, the UN Security Council imposed the first sanctions on Iran which followed a series of sanction against the nation. With the historic July 2015 accord between the P5 + 1 at Vienna and Resolution Number 2231 passed by the United Nations Security Council for suspension and ultimately uplifting of the sanctions against Iran in accordance with the Joint Comprehensive Plan of Action (the JCPOA) – the global pundits now anticipate a sooner ‘implementation day’ which would lead to relaxation of major embargoes or trade sanctions against Iran notably the fourth largest oil reserve which currently witnesses a crippled economy due to trade restrictions. Continue reading more on United States sanctions.