Sanctions-against-Iran

UK puts Iran’s NITC back on sanctions list

Sanctions against IranBritain has followed the European Union and put the National Iranian Tanker Company (NITC) back on the list of sanctioned Iranian entities. 

This has been announced through an update on the status of anti-Iran sanctions by the UK Treasury.

The British government has also announced that it has returned Iranian businessman Gholam Hossein Golparvar to the list of sanctioned Iranian individuals.

The European Union on Thursday re-imposed sanctions against NITC and Golparvar.

An EU working group decided to add the NITC to the sanctions list again even though an EU high court had ruled last year against blacklisting the company.

The EU’s second-highest court ruled in July 2014 that there were no grounds to blacklist the NITC after it contested the designation.

The EU General Court had also annulled sanctions against Golparvar and some other Iranian businessmen in December 2013, saying the listings were legally faulty.

By Press TV