EU to start Iran sanctions blocking law process on Friday [Radio Pakistan] 17 May, 2018

The European Commission will launch on Friday the process of activating a law that bans European companies from complying with U.S. sanctions against Iran and does not recognise any court rulings that enforce American penalties.“As the European Commission we have the duty to protect European companies. We now need to act and this is why we are launching the process of to activate the ‘blocking statute’ from 1996. We will do that tomorrow morning at 1030,” European Commission President Jean-Claude Juncker said.“We also decided to allow the European Investment Bank to facilitate European companies’ investment in Iran. The Commission itself will maintain its cooperation will Iran,” Juncker told a news conference after a meeting of EU leaders.(Reuters)

More News

UN looks forward to working with PM Imran: Spokesman

17 Aug, 2018 APP

UNITED NATIONS, Aug17(APP):Congratulating Imran Khan on his election as Prime Minister of Pakistan, the United Nations said Friday it was looking forw ... Detail

Sweden Muslim Woman Wins Handshake Case

17 Aug, 2018 AbbTakk

Sweden Muslim Woman Wins Handshake CaseStockholm (August 17, 2018): A Sweden Muslim woman who refused handshake at job interview has won case.Accordin ... Detail

America Accuses China Of Preparing To Attack US

17 Aug, 2018 AbbTakk

America Accuses China Of Preparing To Attack USWashington(August 17, 2018): China’s People’s Liberation Army (PLA) has reportedly been expanding its b ... Detail

Justin Bieber welcomes baby sister

17 Aug, 2018 DailyTimes

Pop icon Justin Bieber welcomed the newest member of the Bieber family as he posted a super cute picture of his baby sister on Instagram.“Meet t ... Detail

324 Dead As Kerala Battles Worst Flood In 100 Years

17 Aug, 2018 AbbTakk

324 Dead As Kerala Battles Worst Flood In 100 YearsWeb Desk(August 17, 2018): Savage monsoon continues to wreak havoc on Kerala claiming 324 lives ove ... Detail

Post Your Comments
Type your Comments / Review in the space below.
Name:
Email:
City:
Verify Code