Live Update
From the Liveblog of
Friday, May 18, 2018
EU launches ‘blocking statute’ to stem effects of US sanctions of Iran
BRUSSELS — The European Union on Friday launches “the blocking statute” process to spare Europeans from US sanctions on Iran as part of efforts to preserve the nuclear deal with Tehran.
The European Commission, the EU executive, says it “launched the formal process to activate the Blocking Statute by updating the list of US sanctions on Iran falling within its scope.”
— AFP
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