Japan lifts sanctions on Iran

Japan has today lifted its sanctions against Iran, joining the US, EU, UN and others in doing so after the IAEA confirmed Iran’s compliance with its obligations under the JCPOA nuclear deal on 16 January (see previous blog). In addition to certain export restrictions, the sanctions that have now been lifted by Japan include a prohibition on investment in Iran’s oil & gas sector. Chief Cabinet Secretary Yoshihide Suga stated that “Japan would like to strengthen our cooperative relationship with Iran… and contribute to the peace and stability of the Middle East”, with Foreign Minister Fumio Kishida adding that Japan expects to sign an investment agreement with Iran soon.

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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