Europe's top court strikes down sanctions on Iranian company

November 28, 2013 16:13


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

BRUSSELS - Europe's highest court struck down EU sanctions against an Iranian power company on Thursday, the latest legal ruling against measures that the European Union has imposed over Iran's nuclear program.

While sanctions are set to be relaxed under a deal last week in which Tehran promised to limit parts of its nuclear work, the EU is still keen to have the option to impose trade restrictions in the future should Iran waver.

That could be complicated by this decision, the first such judgement by Europe's top court, and previous EU legal rulings.

A lower EU court had already overturned several sanctions due to the refusal by EU states to disclose evidence linking their targets to Iran's nuclear work. The governments argue that doing so may expose confidential intelligence.

That position was rejected once again on Thursday, by five judges at the European Court of Justice who said that if a case is to be made, evidence must be presented.

The ruling overturned sanctions against Fulmen, a company that the US government has named as involved in building a secret uranium enrichment plant in Iran, as well as its majority shareholder, Fereydoun Mahmoudian.

Related Content

Breaking news
July 17, 2018
UK PM May's spokesman: Trump's meeting with Putin doesn't harm relations