Australia: Sanctions on Iranian individuals and entities likely to be removed

Kuala Lumpur, June 7, IRNA – Australian Government Department of Foreign Affairs and Trade announced on Tuesday that autonomous sanctions imposed on ten Iranian designations of individuals and entities are likely to be removed.

Members of the public are invited to comment on a statutory review of Australia’s listings of ten persons and entities designated pursuant to the Australian Autonomous Sanctions Regulations 2011 in relation to Iran, Australian Foreign Ministry reported.

These ten individuals and entities were listed by the Minister for Foreign Affairs on 3 July 2013 and will expire on 3 July 2016 unless extended by the Minister for Foreign Affairs:

1. Amir Hossein Rahimyar
2. Iran Pooya
3. Aria Nikan Marine Industry (aka Pergas Aria Movalled Ltd)
4. Faratech (aka Faratech Company)
5. Tarh O Palayesh
6. Towlid Abzar Boreshi Iran (aka TABA; TABA Company; Iran Cutting Tools Company)
7. Tehran Gostaresh Co. PJS
8. Sazeh Morakab
9. Navid Composite Material Company
10.Pars Amayesh Sanaat Kish (PASK)

Foreign Minister of Australia Julie Bishop in a statement appeared on the country’s Foreign Ministry official website on January 17 said, “I welcome today’s announcement that Iran has met its commitments under the Joint Comprehensive Plan of Action nuclear deal”.

“It is expected that sanctions on Iran, under UN Security Council Resolution 2231, will be lifted after the Security Council has received the IAEA report in coming days.

“The Australian Government will then move to lift relevant UN and certain autonomous sanctions, including economic sanctions.

“The easing of these sanctions will ensure that Australian business is not disadvantaged in pursuing opportunities in Iran.”

The Implementation Day started on January 16 when Iran’s Foreign Minister Mohammad Javad Zarif and the EU Foreign policy chief Federica Mogherini read a joint statement in Vienna, Austria, announcing the beginning of the implementation of the Joint Comprehensive Plan of Action (JCPOA) made between Iran and world six major powers (Group 5+1) in 2015.