President Trump gives EU companies sanctions warning over Iran

Trump6.jpgIn an interview with Fox News yesterday (1 July 2018), US President Donald Trump stated that European companies would face secondary sanctions if they continued to do business with Iran in violation of US sanctions (which were being re-imposed in light of the US decision to withdraw from the JCPOA). President Trump also said that European companies would not be granted exemptions/waivers from US Iran sanctions. Last month, the E3 signed a joint letter to US Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo requesting EU and UK exemptions from US Iran secondary sanctions (previous blog).

This entry was posted in Iran, Latest EU Measures, United Kingdom, USA by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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