Al Jazeera: EU moves to block US sanctions on Iran
EU to activate law that bans European companies from complying with US sanctions against Iran.
The European Commission will launch the process of activating a law that bans European companies and courts from complying with US sanctions against Iran after Washington pulled out of the landmark 2015 nuclear deal.
Jean Claude Juncker, president of the European Commission, said on Thursday the commission has a "duty to protect European companies" from American sanctions.
"We now need to act, and this is why we are launching the process to activate the 'blocking statute' from 1996. We will do that tomorrow [Friday] morning at 10:30," he told a news conference in the Bulgarian capital, Sofia, after a meeting of European Union leaders.
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WNU Editor: I am repeating myself from yesterday .... but I still find it perplexing that the EU is rushing to embrace Iran .... a country that calls for the extermination of Israel, lied about its nuclear program, suppresses its people, engaged or threatening war against Western allies in the Middle East, and is a major support of terror groups .... over the U.S.. As for today's EU meeting on Iran sanctions .... even French President Macron is skeptical that the EU can do anything .... Macron rules out trade war over Iran deal as firms head for exit (Reuters). On the issue of U.S. - EU trade .... a lot of promises are being declared from the EU (again), but nothing substantive is being offered .... EU unveils incentives to avert Trump trade war (AFP).
More News On Today's EU Meeting In Sofia
US sanctions war against Iran prompts fight-back from Europe -- CNBC
Europe not backing down on Iran -- Politico
United Against Trump, EU Invokes Measures to Combat Sanctions -- Bloomberg
America faces real threat from Europe to block Iran sanctions -- Peter Harrell, The Hill
Top EU officials agree joint stance on Iran deal, U.S. trade -- Reuters
EU to Trump: Stop threatening us with tariffs -- Washington Post
Merkel says the EU is now ready to discuss cutting trade tariffs with Trump — but with some caveats -- CNBC
