This news release is issued in respect of the restrictive measures directed by the Council of the European Union against Iran (Nuclear Proliferation).
On 13 November 2020 Council Implementing Regulation (EU) 2020/1695 (“the Amending Regulation”) was published in the Official Journal of the European Union. The Amending Regulation amended Annex IX to Council Regulation (EU) 267/2012 with effect from 14 November 2020.
The following entity has been removed from Annex IX and is therefore no longer subject to a asset freeze.
NEDA INDUSTRIAL GROUP
Address: No 10 and 12, 64th Street, Yusef Abad, Tehran.
Other Information: EU listing. Not UN. Industrial automation company that has worked for Kalaye Electric Company at the uranium fuel enrichment plant at Natanz.
Listed on: 24/05/2011 Last Updated: [24/05/2011] 16/11/2020 Group ID: 11539
Further details of the sanctions regime related to Iran and links to the UK’s Consolidated List of individual and entities subject to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.