Ship Law Log Comment and analysis by Reed Smith lawyers on the latest developments in the shipping industry

President Obama Enacts New Iran Sanctions

Posted in Sanctions

On 2 January 2013, President Obama signed into law an act that imposes new sanctions on Iran. The new sanctions target certain entities and transactions, but largely focus on the energy, shipping and shipbuilding sectors of the Iranian economy.

For further details, please see the recent post on Reed Smith’s Global Regulatory Enforcement Law Blog by Leigh Hansson and Carlos Aksel Valdivia.