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Expert Analysis

The Challenge Iran Sanctions Pose For EU Operators

By Michael Casey, Marcus Thompson and Zach Brez (November 2, 2018, 5:57 PM EDT) -- On Nov. 5, the United States will reimpose previously suspended economic sanctions targeting Iran, many of which have extraterritorial effect and will apply to European companies. The European Union has responded by expanding an existing "blocking statute" to cover U.S. sanctions against Iran, purportedly to protect EU companies from the effect of U.S. sanctions and to allow them to continue to transact with Iran....

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