Iran
Iran

Embargo On… Again | Iran Sanctions

Pursuant to this directive once the first wind-down period ends on 6 August 2018, the government of the United States will revoke several JCPOA related authorizations regarding sanctions on Iran, namely: The importation into the United States of Iranian origin carpets and foodstuffs and certain related financial transactions pursuant to general licenses under the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR). Further information regarding sanctions can be found from the Department of the Treasury’s Office of Foreign Asset Control (OFAC). In short, importation of Iranian made carpets into the United States after 6 August 2018 will – once again – be illegal. No other country currently has plans to enact an embargo on Iranian made carpets.

Iranian Carpet Embargo – The End!

It gives me great joy to announce the United States’ embargo and ban on the importation of Iranian produced rugs and carpets has been lifted. In accordance with the Joint Comprehensive Plan of Action (JCPOA) the International Atomic Energy Agency (IAEA) on 16 January 2016 certified Iran had fulfilled its initial obligations under the JCPOA and thus ‘Implementation Day’ came to pass and with it the end of the embargo. Throughout my lifetime the embargo has been enacted and rescinded on numerous occasions in various efforts to force The Islamic Republic of Iran into compliance with geopolitical ideologies we shall not again discuss; politics, religion, and all that.