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

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.