Date: 2020-01-17Category: Not ApplicableState: Union GovernmentCountry: Europe
Commission Implementing Regulation (EU) 2020/37 of 16 January 2020 amending Council Regulation (EC) No 1210/2003 concerning certain specific restrictions on economic and financial relations with Iraq
Executive Summary:
Commission Implementing Regulation (EU) 2020/37 amends Council Regulation (EC) No 1210/2003 concerning restrictions on economic and financial relations with Iraq. This amendment follows a decision by the United Nations Security Council to remove fifteen entries from the list of persons or entities subject to the freezing of funds and economic resources. The regulation entered into force on January 18, 2020.
Key Points / Main Content:
* **Amendment to Annex III of Regulation (EC) No 1210/2003:**
* Annex III, which lists entities subject to the freezing of funds and economic resources, is amended as detailed in the Annex of this regulation.
* Fifteen entries are deleted from Annex III.
* **Entities Removed from Annex III:**
* Baghdad Municipality
* Chemical, Petrochemical, Mechanical and Metalurgical Training Centre
* Directorate-General of Minor Projects and Rural Electrification
* Directorate of Training Centre for Iron and Steel
* Mechanical Training Centre-Nassiriya
* State Enterprise for Mechanical Industries
* State Enterprise for Phosphates
* State Establishment for Agricultural Marketing
* State Organisation for Agricultural Marketing
* State Organisation for Agricultural Mechanisation and Agricultural Supplies
* State Organisation for Electricity
* State Organisation for Food Industries
* State Organisation of Housing
* Steel and Timber State Enterprise
* Vocational Training Centre for Engineering and Metallic Industries
Impact Analysis:
**Member States:**
* Impact: Member states are directly bound to implement the amended regulation.
* Action Required: Member states must ensure that the deleted entities are removed from the list of those subject to the freezing of funds and economic resources within their jurisdiction.
**European Commission:**
* Impact: The Commission is responsible for overseeing the implementation of this regulation.
* Action Required: The Commission must monitor and ensure that member states comply with the amended regulation.
**Entities Formerly Subject to Asset Freeze:**
* Impact: The fifteen entities listed in the Annex are no longer subject to the asset freeze.
* Action Required: These entities may now have access to funds and economic resources that were previously frozen.
**Financial Institutions:**
* Impact: Financial institutions are responsible for implementing the asset freezes.
* Action Required: Financial institutions must unfreeze any assets belonging to the entities removed from Annex III.
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.
Iraq: A country in Western Asia.
Council Regulation EC No 1210/2003: A Council Regulation concerning certain specific restrictions on economic and financial relations with Iraq.
United Nations Security Council: One of the six principal organs of the United Nations, charged with ensuring international peace and security.
Brussels: The capital of Belgium and a major center for European politics and institutions.
Baghdad, Iraq: The capital city of Iraq.
Basrah, Iraq: A city in Iraq, located on the Shatt al-Arab River near the Persian Gulf.
17.1.2020 E N O f f i c i a l J o u r n a l o f t h e E u r o p e a n Union L 13/13
REGULATIONS
COMMISSION IMPLEMENTING REGULATION (EU) 2020/37
of 16 January 2020
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 22 May 2003 under that Regulation.
(2) On 2 January 2020, the Sanctions Committee of the United Nations Security Council decided to remove fifteen
entries 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 January 2020.
For the Commission
The President
Ursula VON DER LEYEN
(1) OJ L 169, 8.7.2003, p. 6.L 13/14 E N O f f i c i a l J o u r n a l o f t h e E u r o p e a n Union 17.1.2020
ANNEX
In Annex III to Regulation (EC) No 1210/2003, the following entries are deleted:
‘21. BAGHDAD MUNICIPALITY. Address: Khulafa Street, Khulafa Square, Baghdad, Iraq.’
‘24. CHEMICAL, PETROCHEMICAL, MECHANICAL AND METALURICAL TRAINING CENTRE. Address: P.O. Box 274,
Ashar, Basrah, Iraq.’
‘31. DIRECTORATE-GENERAL OF MINOR PROJECTS AND RURAL ELECTRIFICATION. Address: P.O. Box 788, Al-
Karradah Al-Sharkiya, Arasat Al-Hindiya no. 81, Building No 137/327, Baghdad, Iraq.’
‘32. DIRECTORATE OF TRAINING CENTRE FOR IRON AND STEEL. Address: P.O. Box 421, Basrah Khor Al-Zubair,
Basrah, Iraq.’
‘77. MECHANICAL TRAINING CENTRE/NASSIRIYA. Address: P.O. Box 65, Nassiriyah, Nassiriyah, Iraq.’
‘144. STATE ENTERPRISE FOR MECHANICAL INDUSTRIES. Addresses: (a) P.O. Box 5763, Iskandariya, Iraq; (b) P.O. Box
367, Iskandariyah-Babylon Governate, Iraq.’
‘146. STATE ENTERPRISE FOR PHOSPHATES. Addresses: (a) P.O. Box 5954, East Gate, Sadoon St., Baghdad, Iraq; (b) P.O.
Box 5954, South Gate, Al-Kaim, Anbar, Baghdad, Iraq.’
‘156. STATE ESTABLISHMENT FOR AGRICULTURAL MARKETING. Address: Eastern Karrda, Baghdad, Iraq.’
‘172. STATE ORGANISATION FOR AGRICULTURAL MARKETING. Address: Karkh, Nisoor Square, Baghdad, Iraq.’
‘173. STATE ORGANISATION FOR AGRICULTURAL MECHANISATION AND AGRICULTURAL SUPPLIES (alias (a)
STATE ORGANISATION FOR AGRICULTURAL MECHANISATION, (b) STATE ESTABLISHMENT FOR
AGRICULTURAL MECHANISATION, (c) CENTRE FOR AGRICULTURAL MECHANISATION, (d) STATE
ESTABLISHMENT FOR AGRICULTURAL SUPPLIES). Addresses: (a) P.O. Box 26028, Waziriya, opp Al Bakr
University, Baghdad, Iraq; (b) P.O. Box 96101, Abu Nuvas St., Baghdad, Iraq; (c) P.O. Box 26061, Al Wazeria,
Baghdad, Iraq; Swaira-Hafria, Wasst Muhafadha, Iraq; (d) P.O. Box 1045, Waziriyah, Baghdad, Iraq.’
‘178. STATE ORGANISATION FOR ELECTRICITY (alias (a) STATE ORGANISATION OF ELECTRICITY, SOUTHERN
ELECTRICAL REGION; (b) STATE ORGANISATION OF ELECTRICITY / DEPARTMENT OF COMPUTING AND
STATISTICS). Addresses: (a) Off Jumhuriya St/Building 166, Nafoora Square, P.O. Box 5796, Baghdad, Iraq; (b) P.O.
Box 230, Basrah, Iraq; (c) P.O. Box 14171 Jumhuriya St., Maidan Building No. 9, Baghdad, Iraq.’
‘181. STATE ORGANISATION FOR FOOD INDUSTRIES. Address: P.O. Box 2301, Alwiya, Camp Sarah Khatoon,
Baghdad, Iraq.’
‘190. STATE ORGANISATION OF HOUSING. Address: P.O. Box 5824, Jumhuriya Street, Baghdad, Iraq.’
‘199. STEEL AND TIMBER STATE ENTERPRISE (alias STATE TRADING ENTERPRISE FOR STEEL AND TIMBER). Address:
Arasat Al Hindya St., Salman Daoud Al Haydar Building, P.O. Box 602, Baghdad, Iraq.’
‘202. VOCATIONAL TRAINING CENTRE FOR ENGINEERING AND METALLIC INDUSTRIES (alias VOCATIONAL
TRAINING CENTRE FOR ENGINEERING). Address: Iskandariya-Babil, Iraq.’