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www.bifa.org


News Desk


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Liverpool Region Annual Dinner


The BIFA Liverpool Region 2019 Annual Dinner will be held at the Liner at Liverpool Hotel, on Friday 22 February 2019. A limited number of tickets are


available to purchase with full tables consisting of 8-12 people; other bookings will be seated on mixed tables. The ticket price is £36 per person and includes a three-course meal followed by coffee. Download a booking form from www.bifa.org/events Entertainment will be provided by


the Corp of Drums of the Ellesmere Port Sea Cadets and Liverpool comedian Willie Miller. Once again the event will be


Iran sanctions: steering a course through difficult waters


BIFA noticed the following item published in August by BIFA Associate Member Holman Fenwick Willan in its HFW Briefing.


President Trump’s announcement on 8 May 2018 that the US would withdraw from the Joint Comprehensive Plan of Action set the EU and US on divergent paths with respect to Iran. At the same time, as the US indicated that the US sanctions which had been suspended in January 2016 would be re-imposed, the EU made clear that it intended to uphold the terms of the Iran deal, including the sanctions relief.


This divergence between the EU and the US creates


a number of significant challenges for businesses, and this briefing sets out the issues that flow from the re- imposition of US sanctions, as well as recent measures by the EU to address the impact of US extra-territorial sanctions on EU businesses. If you have any dealings with shipments to or from


Iran, BIFA recommends that you study the changes carefully. The full text of the HFW Briefing can be read at


www.hfw.com/Iran-Sanctions-Steering-a-course- through-difficult-waters-August-2018


supporting local charities: Zoe’s Place Children’s Hospice, the Ellesmere Port Sea Cadets and Help for Heroes. If you can offer an auction lot or


raffle prize, please contact BIFA Regional Consultant Paul Young (contact details on page 3). With thanks to our sponsors:


By sea – Hague Visby rules (2 SDR): £2.13 per kg £709.06 per package


By road – CMR (8.33 SDR): £8.86 per kg


By air –Montreal Convention (19 SDR): £20.21 per kg


October 2018


By air –Warsaw Convention (17 SDR): £18.08 per kg


BIFA STC: (2 SDR): £2.13 per kg


(The SDR rate on 19 September 2018, according to the IMF website, was 1.06358)


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