Skip to content

Gibraltar declares itself unable to comply with the US seizure order against the Iranian freighter

August 18, 2019

MADRID, Aug. 18 (EUROPE PRESS) –

The Gibraltarian authorities have declared themselves unable to comply with the seizure order issued by the United States against the Iranian oil tanker 'Grace 1', now held in the waters of the Rock, because they are subject to the laws of the European Union.

Gibraltar explains that the United States has issued the order under the sanctions imposed by Washington against the Iranian authorities in the framework of the dispute between the two countries, and restored after the United States abandoned the nuclear agreement signed in 2015 with the Islamic Republic.

The US order imposed the confiscation of “the vessel, all oil on board and $ 995,000 (about 896,896 euros)” due to repeated violations of the International Emergency Economic Powers Act (IEEPA). ”

The document alleged that the Islamic Revolutionary Guard of Iran (IRGC), which the US considers a terrorist organization, has a plan to “illegally access the US financial system in order to support illegal shipments to Syria from Iran.”

However, the European Union continues to be a party to the agreement, which has limited sanctions against Iran to specific cases of human rights violations.

Therefore “the central authority of Gibraltar is unable to comply with the requested order, given the differences in the application of the sanctions regime that exists between the United States and the European Union,” according to a statement from the British colony.