BREAKING NEWS

EU Commission says launches measures to protect EU business in Iran

By REUTERS

MAY 18, 2018 12:18

BRUSSELS - The European Commission said on Friday it had started the process of renewing a sanctions-blocking measure to protect European business in Iran, after the United States reimposed sanctions on Tehran.

The Commission said in a statement it had "launched the formal process to activate the Blocking Statute by updating the list of US sanctions on Iran falling within its scope," referring to an original EU regulation from 1996.

The Commission said the measure would come into force within two months, unless the European Parliament and EU governments formally rejected it, but that it could also be activated sooner if there was strong political support.

IDF strikes terrorist targets in Rafah

By JERUSALEM POST STAFF

04/18/2024 02:39 AM

Algeria gives UNRWA $15 mln as exceptional fund, state TV says

By REUTERS

04/18/2024 01:51 AM

EU to widen Iran sanctions, including drones, missiles

By REUTERS

04/18/2024 01:14 AM

Palestinian FA's request to exclude Israel to be discussed at FIFA

By HAIM ISEROVICH

04/18/2024 01:02 AM