Information as of: 19th July 2019

Latest Updates
Financial/Other Sanctions
Arms Embargo
US Yes
Further Details
UN S/Res/1907 (Dec 2009) imposes an arms embargo and assets freeze / travel bans on designated individuals (political / military leadership and some government and parastatal entities.  Reaffirmed by S/Res/2023 (Dec 2011) which imposes a requirement on states to inspect certain cargo bound to / from Eritrea. S/Res/2023 further instructs states to introduce due diligence procedures for firms involved in Eritrean mining sector and specifically prohibits (re)insurance which could contribute to violation of UN resolutions. Arms ban renewed by S/Res/2385 until 15 Nov 2018. Arms embargo, assets freeze and targeted sanctions were lifted on the 16 Nov 2018 under S/RES/2444(2018)
US Arms embargo effective from 12th September 2005 (US State Dept) 71 FR 11281
EU/UK Implemented UN measures (2010/127/CFSP, Mar 2010), slight amendments via 2010/1414/CFSP in Jul 2010. Reg 667/2010 creates parameters for further additions to the designated entities list, slightly amended by 2012/632/CFSP (15 Oct 2012). On the 10 Dec 2018 (CFSP)2010/127 was repealed by (CFSP) 2018/1944 .
This information has been collated by the International Underwriting Association of London and is intended as a guide only. The IUA does not accept any liability for the accuracy of this information.
This publication is intended to convey only general information about sanctions legislation and associated insurance coverage. It is not, and is not intended to be, a complete statement of the law relating to this area. It should not be relied on or be used as a substitute for legal advice in relation to any particular set of circumstances. Accordingly, IUA does not accept any liability for any loss which may arise from reliance on this information.