Several entities no longer subject to EU sanctions concerning Iraq
The EU is making an adjustment to sanctions it has had in place since 2003 against Iraq in order to align with the Sanctions Committee of the United Nations Security Council, which decided on 8 September 2021 to remove 28 entities from the list of persons and entities to whom the freezing of funds and economic resources should apply. The financial and trade embargo had been adopted by the UN Security Council in 1990 after the invasion by Iraq of Kuwait, which was lifted in 2003 and replaced with more targeted restrictions on trade and an arms embargo, and an asset freeze targeting former President Saddam Hussein.
The change has been made by Commission Implementing Regulation 2021/1472, which has been published today. This amends C