Europe acts to protect its firms from US sanctions against Iran

The European Union will for the first time enforce its “Blocking Statute” to protect firms doing business with Iran from the sanctions the US is re-imposing on Tuesday and tightening in November with a ban on oil sales. France, Germany, Russia and China stayed in the 2015 nuclear deal with Iran after the US quit in May. The Blocking Statute may be difficult to enforce. It first needs updating as well as the consent of all 28 EU member states. Since this could take time, some major European firms have taken the precaution of breaking off business ties with Tehran to avoid becoming targets of US sanctions and losing the American market.

Print Friendly, PDF & Email

8 thoughts on “Europe acts to protect its firms from US sanctions against Iran

  • Aug 6, 2018 @ 17:01 at 17:01
    Permalink

    There is no way Trump will allow EU, Russia & China to cuckhold him over his sanctions the way they cheated over NATO ; If they think they are dealing with Haj Hussein Obama of Yahoo Bush W they will find out soon enough

    Reply
    • Aug 6, 2018 @ 17:46 at 17:46
      Permalink

      Good for the EU. China and others taking their Qs from a shitty game show host is probably not the best recipe for success?

      Reply
  • Aug 6, 2018 @ 18:49 at 18:49
    Permalink

    EUROPEANS TRAITORS DARE TO SPEAK. THEY NEED TO GO TO HELL!!!!

    Reply
  • Aug 6, 2018 @ 22:37 at 22:37
    Permalink

    Speak up and be heard despicable Europeans……….terminate your trade relations with the USA.

    Reply
  • Aug 6, 2018 @ 22:45 at 22:45
    Permalink

    Any European countries that wish to terminate trade with the USA, go right ahead, morons.
    And that’s just the first step if you want to ratchet this upwards.

    Reply
  • Aug 6, 2018 @ 23:59 at 23:59
    Permalink

    all arabs middle east countries should stop trade with europeans traitors. which know that iran is destabilsing all the middle countries. arabs middle east countries should follow PRESIDENT TRUMP. THE SUCCES OF TRUMP POLICY WILL BENEFIT TO ARABS MIDDLE EAST COUNTRIES. THE IRAIAN SUCCES BECAUSE OF EUROPEAN COUNTRIES HELP WILL DESTROY THEM. SO IT IS SO IMPORTANT FOR THE ARABS TO GO WITH TRUMP AND ISRAEL. THE VICTORY OVER IRAN IS NEAR!!!!!!

    Reply
  • Aug 7, 2018 @ 0:03 at 0:03
    Permalink

    THE ECONOMY HAD BEEN ALWAYS STIMULTED BY US MARKET. NO BY EUROPEAN OR IRANIANS OR CHINESE ONE .. THE EUROPEAN ECONOMY IS WEAK ONE. THERE RESORCIES NO ENERGY AND SO ON……

    Reply
    • Aug 7, 2018 @ 3:50 at 3:50
      Permalink

      We are the de facto master race. You speak our language, we don’t speak yours. We invented the world, got tired of playing with it, and gave it to you as a gift. You would rather drown than live without us. We are the master race and you our happy bitches.

      Reply

Leave a Reply

Comments containing incitement, libel or offensive language are barred under DEBKAfile’s regulations

Your email address will not be published.

Font Resize
Contrast