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Clifford Chance

Clifford Chance


Iran Sanctions Deal – new Adoption Day measures pave the way for sanctions relief

20 October 2015

Sunday 18 October was "Adoption Day" under the Joint Comprehensive Plan of Action (JCPOA) and JCPOA participants are beginning to make the necessary arrangements and preparations to implement their JCPOA commitments. However, sanctions relief is not here yet and companies should carefully consider these new measures, which will take effect only on Implementation Day, and continue to exercise caution in proposed dealings with Iranian business.

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