THE IRAN METALS INDUSTRY: EXPANDING SECTOR, GROWING RISK

Recommended: Kharon has produced a 42-minute webinar and says that on 25 June the US sanctioned companies operating in Iran’s metals sector. Iran has turned to metals as an economic lifeline after US sanctions and other declines decimated its energy sector. To expand production of steel and other metals products, such as aluminium, the Iranian metals sector accesses raw materials and production technology from foreign and domestic suppliers, despite US trade prohibitions against the sector. Kharon says that Iranian metals producers have exported extensively to international markets, creating risk for firms across commercial supply chains. The briefing provides an overview of the industry and associated US sanctions and considers 3 case studies demonstrating international supply chain exposure associated with the Iranian metals sector.

https://info.kharon.com/events/2020/iran-metals-ondemand-viewer

 

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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