Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
One story, two versions:
EU to Block US Anti-Iran Sanctions Starting August 7 to Defend Business 6 Aug
EU tries to soften impact of US sanctions against Iran as they re-enter into force 7 Aug
That is why the EU has included the restrictive measures in its `blocking statute' which will enter into force at 6 am on Tuesday (7 August). This mechanism bans Europeans - both companies and residents- from complying with US sanctions.

archived
LQD: US Federal Law Eats World, taunts "EU-3" dominion.

Diversity is the key to economic and political evolution.

by Cat on Tue Aug 7th, 2018 at 02:09:57 PM EST
[ Parent ]



Diversity is the key to economic and political evolution.
by Cat on Tue Aug 7th, 2018 at 03:39:10 PM EST
[ Parent ]
and if I can't get world peace, I'll blow Iran off the face of the earth

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Aug 7th, 2018 at 05:02:30 PM EST
[ Parent ]
RTE takes a stab at sovereignty, instead publishes long story titled "EU 'regrets' reintroduction of US sanctions against Iran" about Mr Trump, and fails.
Updated Blocking Statute in support of Iran nuclear deal
The process of updating the Blocking Statute was launched by the Commission on 6 June 2018, when it added to its scope the extra-territorial sanctions the US is re-imposing on Iran. A two-month scrutiny period for the European Parliament and the Council followed. Since neither objected [BY WHOM?], the update was published and entered into force on 7 August 2018.

The Blocking Statute allows EU operators to recover damages arising from the extra-territorial sanctions within its scope from the persons causing them and nullifies the effect in the EU of any foreign court rulings based on them. It also forbids EU persons from complying with those sanctions, unless exceptionally authorised to do so by the Commission in case non-compliance seriously damages their interests or the interests of the Union.

To help EU operators with the implementation of the updated Blocking Statute the Commission published a Guidance Note to facilitate understanding of the relevant legal acts.




Diversity is the key to economic and political evolution.
by Cat on Tue Aug 7th, 2018 at 08:16:03 PM EST
[ Parent ]

Display:

Top Diaries

Occasional Series