CELEX: 62012TA0578
Language: en
Date: 2014-07-16 00:00:00
Title: Case T-578/12: Judgment of the General Court of 16 July 2014  — National Iranian Oil Company v Council (Common foreign and security policy — Restrictive measures adopted against Iran with the aim of preventing nuclear proliferation — Freezing of funds — Action for annulment — Infra-State body — Standing to bring proceedings — Admissibility — Obligation to state reasons — Indication and choice of legal basis — Powers of the Council — Principle of foreseeability of European Union acts — Meaning of providing support to nuclear proliferation — Manifest error of assessment — Rights of the defence and right to effective judicial protection — Proportionality — Right to property)

1.9.2014   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 292/39
            
         Judgment of the General Court of 16 July 2014 — National Iranian Oil Company v Council
   (Case T-578/12) (1)
   
   ((Common foreign and security policy - Restrictive measures adopted against Iran with the aim of preventing nuclear proliferation - Freezing of funds - Action for annulment - Infra-State body - Standing to bring proceedings - Admissibility - Obligation to state reasons - Indication and choice of legal basis - Powers of the Council - Principle of foreseeability of European Union acts - Meaning of providing support to nuclear proliferation - Manifest error of assessment - Rights of the defence and right to effective judicial protection - Proportionality - Right to property))
   2014/C 292/47
   Language of the case: French
   
      Parties
   
   
      Applicant: National Iranian Oil Company (Tehran, Iran) (represented by: J.-M. Thouvenin, lawyer)
   
      Defendant: Council of the European Union (represented by: V. Piessevaux and M. Bishop, agents)
   
      Intervener in support of the defendant: European Commission (represented by: A. Aresu and M. Konstantinidis, agents)
   
      Re:
   
   Annulment of Council Decision 2012/635/CFSP of 15 October 2012 amending Decision 2010/413/CFSP concerning restrictive measures against Iran (OJ 2012 L 282, p. 58) and Council Implementing Regulation (EU) No 945/2012 of 15 October 2012 implementing Regulation (EU) No 267/2012 concerning restrictive measures against Iran (OJ 2012 L 282, p. 16).
   
      Operative part of the judgment
   
   The Court:
   
               1.
            
            
               Dismisses the action;
            
         
               2.
            
            
               Orders National Iranian Oil Company to bear its own costs and to pay the costs of the Council of the European Union;
            
         
               3.
            
            
               Orders the European Commission to bear its own costs.
            
         
      (1)  OJ C 79, 16.3.2013.