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EU says ‘updated Blocking Statute’ to come into force Aug. 7 06 Aug 2018

EU says ‘updated Blocking Statute’ to come into force Aug. 7

 European Union’s updated Blocking Statute enters into force on 7 August to protect EU companies doing business with Iran from US extra-territorial sanctions, according to a joint statement issued by European guarantors of JCPOA on Monday. In a joint statement, the European guarantors of the Iran nuclear accord, including EU foreign policy chief Federica Mogherini […]

EU court extends GMO rules to new techniques 26 Jul 2018

EU court extends GMO rules to new techniques

Plants and animals created by new techniques of genetic modification should be treated as Genetically Modified Organisms (GMOs) and follow European rules aimed at preventing damage to the environment and health, the EU’s top court said on Wednesday. “The organisms obtained by mutagenesis are GMOs”, the European Court of Justice said in a press release, […]

UK to refuse Brexit bill without trade deal, says minister 23 Jul 2018

UK to refuse Brexit bill without trade deal, says minister

Britain will only pay its EU divorce bill if the bloc agrees the framework for a future trade deal, the new Brexit Secretary warned in an interview published Sunday. Dominic Raab, who replaced David Davis earlier this month after he quit the role in protest over the government’s Brexit strategy, said “some conditionality between the […]

EU’s promised mechanism to save JCPOA still in negotiations stage 22 Jul 2018

EU’s promised mechanism to save JCPOA still in negotiations stage

Iranian Parliament Speaker Ali Larijani said Sat. that the EU’s promised mechanism to ensure Iran’s economic benefits from the nuclear deal after the US pullout has not yet reached a practical conclusion, and talks between the two sides are still ongoing. Speaking at an open session of the Parliament on Sunday, Ali Larijani stressed that […]

EU has set up $80b fund for SMEs doing business with Iran: report 19 Jul 2018

EU has set up $80b fund for SMEs doing business with Iran: report

TEHRAN – Mohammad-Hossein Adeli, the former secretary general of the Gas Exporting Countries Forum (GECF), has said that the European Union has established an $80 billion fund to give credit to small and medium enterprises doing business with Iran, the Persian language Hamshahri newspaper reported on Wednesday. “European authorities are seriously interested in resisting U.S. […]

EU needs to back up words with actions: Zarif 18 Jul 2018

EU needs to back up words with actions: Zarif

In an interview with Euronews, Iranian FM Mohammad Javad Zarif said that Iran needs Europeans to put their political commitment to JCPOA into action, adding that EU is “underestimating” its power in regional peace and security. “What we need from the Europeans is both the political commitment, which they have made, now we need to […]

EU, China reaffirm commitment to Iran deal 17 Jul 2018

EU, China reaffirm commitment to Iran deal

TEHRAN – The European Union (EU) and China issued a joint statement reaffirming their commitment to the Joint Comprehensive Plan of Action (JCPOA), also known as the Iran nuclear deal which was struck back in 2015, according to the EU website. The statement was released after meeting of European Council President Donald Tusk, European Commission […]

EU takes anti-Trump trade show to China and Japan 14 Jul 2018

EU takes anti-Trump trade show to China and Japan

The European Union’s top officials will meet the leaders of China and Japan next week to boost ties in the face of fears that US President Donald Trump will spark an all-out global trade war. The trip by EU Council President Donald Tusk and Commission head Jean-Claude Juncker includes the signing of a free trade […]

EU’s proposed ‘JCPOA package’ to Iran returned for further reforms 14 Jul 2018

EU’s proposed ‘JCPOA package’ to Iran returned for further reforms

Parliament National Security Commission Member Abolfazl Hassan-Beygi said that a package proposed by the Europe to Iran has been returned for doing necessary corrections. The draft of EU’s proposed package is provided available to the senior diplomats at the Iranian Foreign Ministry, he maintained. For this reason, the proposed package was supposed to be returned […]

EU’s package of proposals does not cover all of Iran’s demands 06 Jul 2018

EU’s package of proposals does not cover all of Iran’s demands

Iranian President Hassan Rouhani in a phone conversation with French President Macron said the EU’s package of proposals to compensate for US sanctions does not cover all of Iran’s demands. In a telephone conversation with the President of France Emmanuel Macron on Thursday, President Hassan Rouhani described France’s attempts to preserve the nuclear deal as […]