7 hours agoEuropean Union: US sanctions against Iran will not be implemented
Periskopi(8 years ago)
(8 years ago)The European Commission will launch a process of activism where a European law prohibiting companies from trading with Iranian ones will be put in motion after Washington withdrew from the 2015 nuclear agreement. European Commission President Jean Claude Juncker said the commission has for “plans to protect European companies” from US sanctions. [...]
European Commission President Jean Claude Juncker said the commission has for “plans to protect European companies” from US sanctions.
Now we have to act, and that's why we've launched a process of activating “blocking status” from 1996. We are going to do this tomorrow at 10:308x3>, he said at a media conference in Bulgaria's capital, Sofia, following a meeting with European Union leaders.
The European Union wants to re-arrange the nuclear agreement, and its blockade statute is the most powerful means at its immediate disposal, since it means that EU companies will not have to comply with US sanctions, reports “Alzeera”, broadcast Periscopi.
It will also not recognise any judicial rule that applies to American penalties.
Juncker made these statements after US President Donald Trump withdrew from the nuclear agreement with Iran, which facilitated US sanctions imposed against Tehran./Periscopi/
