EU Commissioner Dimitris Avramopoulus has conformed on Wednesday that the EU is fully prepared to pass legislation to block US sanctions targeting Iran. The US has threatened to punish EU-based companies for doing business with Iran, despite the P5+1 nuclear deal, which European nations are a party to, obliging sanctions relief.
Iran has warned that staying in the deal hinges on the remaining signatories ensuring that Iran’s sanctions relief still happens despite the US withdrawing from the pact. Already, two major companies, France’s Total S.A. and Germany’s Siemens, have suggested that barring EU legislation, they’re going to stop deals with Iran out of fear of US retaliation.
Avramopoulos indicated that the legislation being considered by the EU would be straight-forward, outright making it illegal for EU companies to comply with US sanctions on Iran’s nuclear program. Other EU officials have hinted at other measures to support Iran economically.
In 1996, the EU blocked the US for forbidding its companies doing business in Cuba by threatening retaliatory sanctions against the US. In this case, it appears the strategy is going to be to just ban EU companies from complying, though how they’ll protect them from US sanctions still isn’t clear.
I’m sure the spineless EU puppets will find a way to cave in to their US puppet masters. As always, the hardest part is in fooling their electorate that they aren’t working for Uncle Sam.
How dare they try to oppose the Masters of the Universe…
Keep it up Murka! They’ll just get fed up with your Israeli bullshit and stop using the dollar. They have no patience for puppets and vassals. If they wanted to know the U.S. position, they’d call Netanyahu or Adelson.
Russia would legally punish any business people by jail or fines if they would do any business with US.
We now hope that EU passes such a law. And then we’d hope that US businesses; which wishes to do regular business with any country to demand Trump lifts his newest sanctions.
Russia has just done this, to protect those targeted by new US sanctions, by universal approval of the motion in the parliament.
Everyone needs to react against the illegal, immoral “punishment” of the good guys by the one who has broken the agreement.