IRAN – Changing sanctions pose challenges to GCC businesses

August 2012

SENIOR local lawyers have warned businesses against trading with Iran – or face falling foul of tough new EU sanctions. Patrick Murphy, a senior associate at Clyde & Co in the UAE said: “Reputational and regulatory pressures will compel companies to minimise trade dealings with Iran as a result of the new sanctions. “Individuals and firms should look to...

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IRAN – Changing sanctions pose challenges to GCC businesses

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