keep Rules for interpretation of regulation 7(2)
The Iraq (Sanctions) (EU Exit) Regulations 2020 implement UN Security Council resolutions relating to Iraq through asset freezes on designated persons connected to the former Iraqi regime, an arms embargo on military goods, and prohibitions on illegally removed Iraqi cultural property. Made under the Sanctions and Anti-Money Laundering Act 2018, they establish Treasury and trade licensing regimes, criminal offences for violations, and humanitarian exceptions. The regulations transpose the former EU Iraq sanctions regime into UK law following Brexit.
While sanctions inherently restrict voluntary transactions, these regulations implement binding UN Security Council resolutions (661, 1483, 1518, 1956) to which the United Kingdom is obligated as a permanent Security Council member. Deleting them would breach international law and diplomatic commitments. The regulations include humanitarian exceptions and licensing provisions that mitigate severe impacts. The alternative — non-compliance with UN obligations — would carry greater costs than maintaining a targeted sanctions regime with established exemptions.