Blocking tactics17 May 2018 19:36
Sounds good
Denis Chaibi, head of the Iranian taskforce at the EU's external action service, said one of the options would be to restore "blocking regulations", a system from 1996 that would protect its firms.
"We are looking at a number of possibilities. It is not complicated to do it legally in that the legal instrument exists, but it doesn't require a huge internal debate," Chaibi told a Euromoney conference in Paris.
The regulations were agreed in 1996 as a countermeasure to the U.S. extraterritorial economic sanctions against Cuba, which EU governments argued benefited U.S. foreign policy interests at the expense of European sovereignty.
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