In January 2016 the US Office of Foreign Assets Control adopted an important exemption for US companies in the context of the liberalisation of sanctions with Iran.
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The EU has adopted the legislation needed in order to complete a substantial round of relaxation of sanctions in relation to Iran.
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The UK Government has imposed additional sanctions against Iran. National measures were adopted under Schedule 7 to the Counter-Terrorism Act 2008 and entered into force at 3 pm on 21 November 2011.
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