The European Union has reached a political agreement to tighten sanctions on Iran in retaliation for the recent barrage launched against Israel.
The sanctions are designed to curtail the exports of EU-made components used in the production of unmanned aerial vehicles (UAVs), or drones, and ballistic missiles.
The scheme has also blacklisted people and entities involved in Iran’s UAV programme through travel bans and asset-freezing measures.
After Tehran’s attack on 13 April against Israel, which saw over 300 projectiles headed from different fronts towards the Jewish nation, the EU began working on an expanded raft of sanctions to cover the production of missiles and enlarge the catalogue of prohibited drone-related components.
This expansion was endorsed by foreign affairs ministers in a meeting in Luxembourg and will enter into force in the coming days, once the political consensus is translated into legal acts and formally approved.
