Syria Conflict: United States lifts sanctions against Turkey
The UK Club have received the following update from Freehill Hogan and Mahar, regarding the United States decision to lift sanctions on Turkey.
QUOTE
On October 14th the United States issued an Executive Order imposing sanctions against Turkey. The Turkish Ministry of Energy and Natural Resources and the Turkish Ministry of National Defence were designated to the U.S. Specially Designated National List, as were the Minister of National Defence, the Minister of Interior and the Minister of Energy.
In the wake of Turkey’s agreement to a ceasefire in Syria the sanctions against Turkey were lifted today and the two ministries and the three ministers have been removed from the Specially Designated Nationals List. As of now, there are no U.S. sanctions in place against Turkey.
UNQUOTE
Members can read the client alert here, or get in touch with their usual Club contact for further information.
The UK P&I Club has received the following client alert from Freehill Hogan and Mahar, regarding changes to the U.S. Specially Designated Nationals List (SDN List).
On May 8, 2019, exactly one year after President Trump announced that the United States was withdrawing from the Joint Comprehensive Plan of Action (“JCPOA”) and would re-impose the U.S. secondary sanctions against Iran, President Trump issued an Executive Order “Imposing Sanctions with Respect to the Iron, Steel, Aluminum, and Copper Sectors of Iran.”
