Commission Regulation (EC) No 2119/2003 of 2 December 2003 amending Council Regulation (EC) No 1210/2003 concerning certain specific restrictions on economic and financial relations with Iraq and repealing Regulation (EC) No 2465/96
Date: 2003-12-02
Institutions: European Commission
Subjects: EU relations, Iraq, economic sanctions, foreign capital

3.12.2003

EN

Official Journal of the European Union

L 318/9

COMMISSION REGULATION (EC) No 2119/2003

of 2 December 2003

amending Council Regulation (EC) No 1210/2003 concerning certain specific restrictions on
economic and financial relations with Iraq and repealing Regulation (EC) No 2465/96

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

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), as amended by Regulation (EC) No 1799/
2003 (2), and in particular Article 11(b), thereof,

Whereas:

(1)

(2)

Annex III to Regulation (EC) No 1210/2003 lists the
natural and legal persons, public bodies, corporations,
agencies and entities of the previous government of Iraq
covered by the freezing of funds and economic resources
under that Regulation.

On 21 November 2003, the Sanctions Committee estab-
lished by Resolution 661(1990) of
the UN Security
Council decided to amend the list of natural and legal
persons, public bodies, corporations, agencies and enti-

ties of the previous government of Iraq to whom the
freezing of funds and economic resources should apply.
Therefore, Annex III should be amended accordingly.

(3)

In order to ensure that the measures provided for in this
Regulation are effective, this Regulation must enter into
force immediately,

HAS ADOPTED THIS REGULATION:

Article 1

Annex III to Regulation (EC) No 1210/2003 is hereby replaced
by the Annex to this Regulation.

Article 2

This Regulation shall enter into force on the day of its publica-
tion 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, 2 December 2003.

For the Commission

Christopher PATTEN

Member of the Commission

(1) OJ L 169, 8.7.2003, p. 6.
(2) OJ L 264, 15.10.2003, p. 12.

L 318/10

EN

Official Journal of the European Union

3.12.2003

ANNEX

‘ANNEX III

List of public bodies, corporations and agencies and natural and legal persons, bodies and entities of the
previous government of Iraq referred to in Article 4

1. Central Bank of Iraq, Rashid Street, Baghdad, Iraq. Other information: former Governor was Dr Issam El Moulla

HWEISH; offices in Mosul and Basra.

2. Iraq Re-insurance Company, Al Khalani Square, Baghdad, Iraq.

3. Rasheed Bank (alias (a) Al-Rashid Bank, (b) Al Rashid Bank, (c) Al-Rasheed Bank); PO Box 7177, Haifa Street,

Baghdad, Iraq, or Al Masarif Street, Baghdad, Iraq.

4. Rafidain Bank (alias Al-Rafidain Bank), Rashid Street, Baghdad, Iraq. Other information: offices in Iraq, United

Kingdom, Jordan, United Arab Emirates, Yemen, Sudan and Egypt.

5. Iraqi Airways Company (alias (a) Iraq Airways Company, (b) Iraqi Airways, (c) Iraq Airways, (d) IAC, (e) I.A.C.)’.