The EU will resolutely protect the interests of European companies that run a legitimate business with Iran

The European Union regrets the restoration of US sanctions against Iran and intends to resolutely protect the interests of European companies that run legitimate business with Iran in accordance with EU legislation and UN Security Council resolution 2231. This is stated in a joint statement of the head of EU diplomacy Federica Mogherini and the foreign ministers of France, Germany and the United Kingdom. The statement notes that since August 7, a “blocking status” that prohibits EU companies from adhering to the extraterritorial actions of US sanctions and allowing them to recover damages that result from such sanctions from the person calling them comes into effect. It also annuls the influence in the EU of any foreign judgments based on sanctions. The EU believes that the preservation of the nuclear agreement with Iran is a matter of compliance with international agreements and the issue of international security.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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