EU’s bilaterale handel met Iran in gevaar
May 16, 2018 -- Europa haastte zich om de economische relatie met Iran nieuw leven in te blazen na verificatie in januari 2016 van een deal om het nucleair wapenprogramma van het land te ontmantelen, waarmee een eind kwam aan jaren verlammende sancties
The challenge now facing the EU is how to keep the nuclear deal alive following U.S. President Donald Trump’s decision to leave the agreement.
EU leaders are meeting in Bulgaria on Wednesday evening (May 16) where commission president Jean-Claude Juncker and EU diplomacy chief Federica Mogherini will brief them on the options to counter Trump’s threat of secondary sanctions against EU companies doing business in Iran.
Options under consideration include a so-called “blocking statute,” an EU regulation dating back from 1996 that says that EU companies “should not” take into account decisions by non-EU jurisdictions on some issues -- mainly the U.S. embargo against Cuba.
In 2017, according to EU commission figures, bilateral trade with Iran reached €20.97 billion, up 171 percent on pre-deal 2015. France, Germany and Italy were the most active EU countries in Iran.