Explanatory Memorandum to COM(2010)515 - Supplement to proposal COM (2010)459 for a COUNCIL REGULATION (EU) No …/2010 on restrictive measures against Iran

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dossier COM(2010)515 - Supplement to proposal COM (2010)459 for a COUNCIL REGULATION (EU) No …/2010 on restrictive measures against Iran.
source COM(2010)515 EN
date 21-09-2010
1. On 31st August 2010, the Commission and the High Representative of the EUfor Foreign Affairs and Security Policy made a joint proposal COM(2010)459 for a Council Regulation on restrictive measures against Iran, which should give effect to several measures provided by Decision 2010/413/CFSP of 26 July 2010 and replace Council Regulation (EC) No 423/2007.

2. The explanatory memorandum to the proposal indicated that a supplementary proposal would be made under separate cover as regards the list of key goods and technology for the oil and natural gas industry referred to in Article 8 of the proposed Regulation, which would be set out in Annex VI to the Regulation.

3. The list of key goods and technology for the oil and natural gas industry referred to in Article 8 should comprise equipment, materials, software and technology that are crucial and indispensable for exploration, production, refining and liquefaction in the oil and natural gas industry in Iran. The list should identify technical parameters to clarify the scope of control and avoid duplication with the lists in Annex I, II and IV.

4. The Commission and the High Representative of the EU for Foreign Affairs and Security Policy propose to include the equipment and technology set out in this proposal in Annex VI of the prospective Regulation.