Tuesday, February 01, 2005

EU says US trade sanctions on Iran does not apply to Europe

Payvand News:
The European Commission, the EU's executive, said Tuesday that US trade sanctions on Iran concerned only American companies and did no have an ''extra-territorial'' nature.

''The situation is that American businesses are not allowed to trade in Iran. We never had to take up a formal complaint on the subject, as far as I know,'' European Commission spokesperson for external relations, Emma Udwin, told reporters. ...