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The Council also added 9 persons responsible for serious human rights violations to the list of those subject to a travel ban and an asset freeze. The Council also decided to subject one entity responsible for human rights violations to an asset freeze. The legal acts will be published in the EU Official Journal of 12 March.For more details on the EU's relationship with Iran and restrictive measures, see factsheet European Union and Iran & EU Press Release.As foreseen by the Joint Plan of Action, the thresholds for authorising financial transfers to and from Iran have been increased tenfold in order to ease legitimate trade with Iran.The suspension will last for a period of six months during which relevant contracts will have to be executed.For more details about them and on EU-Iran relations, see factsheet European Union and Iran.EU sanctions apply in the EU, to EU nationals as well as to entities incorporated under the law of a member state.
The publication of a regulation in tomorrow’s Official Journal will ensure the full legal effect of the measures adopted on 15 October.In exchange for certain concessions by Iran over its nuclear program, the EU has agreed to suspend the application of certain restrictive measures (see the EU proposal) Some relaxation of certain US sanctions against Iran is anticipated, but the details have not yet been made public.Based on the proposal the following suspensions of EU sanctions will come into force for a period of six months from the date on which the suspensions take effect: June 15, 2013 - Statement by EU High Representative Catherine Ashton on the Iranian election The High Representative of the European Union for Foreign Affairs and Security Policy and Vice President of the Commission issued the following statement today: "The Iranian people have chosen a new president in elections on 14 June.The announced results confirm that they have decided to entrust Mr.Hassan Rohani with a strong mandate to govern Iran in the next four years. Rohani well in forming a new government and in taking up his new responsibilities.