Date: 2018-11-19Category: Not ApplicableState: Union GovernmentCountry: Europe
Commission Implementing Regulation (EU) 2018/1781 of 16 November 2018 amending Council Regulation (EC) No 1210/2003 concerning certain specific restrictions on economic and financial relations with Iraq
**Policy Summary: Commission Implementing Regulation (EU) 2018/1781**
This regulation, issued by the European Commission on November 16, 2018, amends Council Regulation (EC) No 1210/2003 concerning specific restrictions on economic and financial relations with Iraq. The amendment follows a decision by the Sanctions Committee of the United Nations Security Council on November 13, 2018, to remove one entry from the list of persons and entities subject to the freezing of funds and economic resources. Specifically, Annex III to Regulation (EC) No 1210/2003 is amended to remove the following entry: "104. RAFIDAIN COMPANY FOR BUILDING DAMS alias STATE ORGANIZATION FOR DAMS. Addresses: a) Saddoun St., Baghdad, Iraq; b) P.O. Box 5982, Al-Masbah, Baghdad, Iraq." This regulation entered into force on the day following its publication in the Official Journal of the European Union and is binding in its entirety and directly applicable in all Member States. The legal basis for this regulation is the Treaty on the Functioning of the European Union, and Article 11b of Council Regulation (EC) No 1210/2003.
Key Entities Referenced
European Union: A political and economic union of member states located primarily in Europe.
European Commission: An institution of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.
Treaty on the Functioning of the European Union: One of the primary treaties forming the constitutional basis of the European Union.
Council Regulation (EC) No 1210/2003: A Council Regulation concerning certain specific restrictions on economic and financial relations with Iraq.
Iraq: A country in Western Asia.
United Nations Security Council: A principal organ of the United Nations charged with the maintenance of international peace and security.
Brussels: The capital of Belgium, and the de facto capital of the European Union.
RAFIDAIN COMPANY FOR BUILDING DAMS: A company located in Iraq, formerly known as STATE ORGANIZATION FOR DAMS, that was subject to sanctions.
L 292/2 EN Official Journal of the European Union 19.11.2018
REGULATIONS
COMMISSION IMPLEMENTING REGULATION (EU) 2018/1781
of 16 November 2018
amending Council Regulation (EC) No 1210/2003 concerning certain specific restrictions on
economic and financial relations with Iraq
THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Council Regulation (EC) No 1210/2003 of 7 July 2003 concerning certain specific restrictions on
economic and financial relations with Iraq and repealing Regulation (EC) No 2465/96 (1), and in particular Article 11(b)
thereof,
Whereas:
(1) Annex III to Regulation (EC) No 1210/2003 lists public bodies, corporations and agencies and natural and legal
persons, bodies and entities of the previous government of Iraq covered by the freezing of funds and economic
resources that were located outside Iraq on the date of 22 May 2003 under that Regulation.
(2) On 13 November 2018, the Sanctions Committee of the United Nations Security Council decided to remove one
entry from the list of persons or entities to whom the freezing of funds and economic resources should apply.
(3) Annex III to Regulation (EC) No 1210/2003 should therefore be amended accordingly,
HAS ADOPTED THIS REGULATION:
Article 1
Annex III to Regulation (EC) No 1210/2003 is amended as set out in the Annex to this Regulation.
Article 2
This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European
Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 16 November 2018.
For the Commission,
On behalf of the President,
Head of the Service for Foreign Policy Instruments
(1) OJ L 169, 8.7.2003, p. 6.19.11.2018 EN Official Journal of the European Union L 292/3
ANNEX
In Annex III to Council Regulation (EC) No 1210/2003, the following entry is deleted:
‘104. RAFIDAIN COMPANY FOR BUILDING DAMS (alias STATE ORGANIZATION FOR DAMS). Addresses:
(a) Saddoun St., Baghdad, Iraq; (b) P.O. Box 5982, Al-Masbah, Baghdad, Iraq.’