Iran – what’s next?
The 2015 Joint Comprehensive Plan of Action paved the way for the lifting of EU and UN nuclear-related sanctions against Iran, as well as a more limited alleviation of U.S. sanctions, in return for significant limits on Iran’s nuclear programme. Following the first tranche of sanctions alleviation on "Implementation Day" in January 2016, the business community has been gradually re-engaging with Iran.
One of the key concerns that our clients have been raising with us has been the uncertainty as to the nature and extent of the ongoing U.S. political risk in relation to Iran. President Trump has heavily criticised the nuclear deal, describing it as "the worst deal ever" and threatening to withdraw U.S. participation in the agreement. In October 2017, President Trump failed to certify Iran’s compliance with the deal, triggering a period for the U.S. congress to decide whether to re-impose U.S. nuclear sanctions. In addition, a number of new non-nuclear U.S. sanctions measures have recently been implemented against Iran.
Notwithstanding the escalating tensions between Iran and the U.S. there has been a significant increase in activity in the Iranian market during the two years since Implementation Day. Linklaters has been advising on a number of key transactions, in particular financings at the government-to-government level and projects in the energy and infrastructure sectors.
For this seminar we will be joined by guest speaker, Clive Newell, from Good Governance Group (G3), the integrity, risk and compliance consultants. We will share our views on the challenges continuing to face the Iranian market, the opportunities available to international clients and our observations on evolving market practice in Iran on issues such as dealing with snapback risk and counterparty investigations.
Who should attend this seminar/webinar?
This seminar/webinar will be of interest to those looking to better understand the opportunities and challenges in operating in Iran.
8:30am: Registration and breakfast
9:00am: Opening remarks
9:45am: Q&A followed by tea/coffee