ARTICLE
14 March 2016

BIS Issues Temporary Denial Order To Five Parties Attempting To Sell U.S.-Origin Aircraft To Iran

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Akin Gump Strauss Hauer & Feld LLP

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Late last month, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) issued a Temporary Denial Order (TDO) against five non-U.S. parties attempting to sell U.S.-origin aircraft to Caspian Airlines.
United States International Law

Late last month, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) issued a Temporary Denial Order (TDO) against five non-U.S. parties (two companies and three individuals) attempting to sell U.S.-origin aircraft to Caspian Airlines. Caspian Airlines is an Iranian airline designated in 2014 under terrorism-related sanctions, which have not been lifted under the Joint Comprehensive Plan of Action (JCPOA). The TDO denies the export privileges for the five parties in question in an effort to prevent an imminent export control violation. The orders are issued for a renewable 180-day period.

For additional information see, the BIS press release and Temporary Denial Order.

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