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Legal Update

The Iran Nuclear Deal: What Does It Mean for US and EU Sanctions?

20 July 2015
Mayer Brown Legal Update
The long-term nuclear deal with Iran announced on July 14 will result in changes to both the US and the EU sanctions regimes, as the agreement is implemented. However, substantial US sanctions will remain. Pending regulatory guidance, it appears that while non-US businesses may eventually be able to resume many types of business with Iran, US businesses could continue to be prohibited from most dealings with Iran.
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