The Sanctions imposed by Iran against Israeli persons and products
This article has been prepared by Iran Best Lawyer in order for you to become familiar with the sanctions imposed by Iran against Israeli persons and products.
Policy to cut off any relationships with Israel
Since the 1979 Revolution in Iran, I.R. Iran Government has promulgated a number of laws and regulations to enforce its public policy to cut off any relationships with Israel (Iranian government does not recognize the state of Israeli under international law). This article consists of three parts. Section (a) addresses three main current legislations imposing sanctions against Israeli persons and products, together with a number of travel bans prohibiting commute to Occupied Territories.
Section (b) examines prohibited transactions and products, and the persons to whom the sanctions are applicable and finally, the relevant fines and penalties are explained in the Section (c).
For the purpose of this article the terms set below shall have the following definitions:
- Sanctions Legislation: main Iranian legislation providing for sanctions against Israeli persons and products;
- Israeli Persons: any natural or legal persons enumerated as such pursuant to Sanctions Legislation;
- Restricted Activities: any transactions of any kind with Israeli Persons by Restricted Persons;
- Restricted Persons: any Iranian natural or legal persons, persons having residence in Iran, and foreign companies having presence in Iran;
- Applicable Penalties: civil and criminal liabilities arising out of breach of Sanctions Legislation;
- IMFA: Iran Ministry of Foreign Affairs.
Regulatory framework imposing sanctions against Israeli persons and products
Iran currently has three main legislations imposing sanctions against Israeli persons and products (“Sanctions Legislation”). This section also provides an introduction to other relevant laws and regulations.
Act on Support of Islamic Revolution of Palestinian People (1990)
This Act makes it mandatory for the government of Islamic Republic of Iran “to support Palestinian people to fulfil their legitimate rights in any manner”.[1] To this intention, the Act prohibits “making any economic, commercial and cultural relationship with Israeli companies and institutions around the world”.[2] The Act does not define what constitute such “relationship” and the very broad language suggest the prohibition will include any such contacts regardless of their size, price or significance.
Moreover, IMFA is required to prepare, to the extent possible, a list of Israeli companies around the world and submit it to the Parliament.[3] Nevertheless, as publicly available data indicate, the IMFA has never prepared such list in practice.
In short, the Act does not provide for any civil or criminal liability for breach of the prohibition.
Act on Unified Islamic Law on Israeli Boycott (1992)
This Act was passed pursuant to resolutions adopted by Islamic Conference Organization banning any commercial relationship with Israeli state, companies and individuals, as well as any transaction on Israeli products. It is more detailed compared to previous legislation, and provides for an extensive boycott against its targets. You will find below an analysis of the Act along with answering to questions.
Click on the link below to read more:
The Sanctions imposed by Iran against Israeli persons and products
Comments
Post a Comment