France this week warned that failure to reach a nuclear agreement with Iran could lead to war, further raising tensions in an already volatile region.

  • NoneOfUrBusiness@fedia.io
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    1 day ago

    I can’t find anything in these links about the EU reinstating sanctions, only keeping sanctions that hadn’t yet been lifted.

    • Saleh@feddit.org
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      22 hours ago

      It is worded in a confusing way, you are correct. The EU seems to differ between “Sanctions” and “restrictive measures”. But this seems to be more of a word play, as in another case the terms are used interchangeably by the EU Council.

      See the timeline they linked under the article

      https://www.consilium.europa.eu/en/policies/sanctions-against-iran/timeline-measures-targeting-nuclear-proliferation-activities/

      2016 16 January Council lifts all nuclear-related economic and financial EU sanctions

      On Implementation Day, the Council lifted all nuclear-related economic and financial EU sanctions against Iran. This follows verification by the International Atomic Energy Agency (IAEA) that Iran has implemented the agreed nuclear-related measures as set out in the Joint Comprehensive Plan of Action (JCPOA).

      2022 17 October Council maintains restrictive measures after the JCPOA Transition Day

      The Council decided to take the necessary steps to maintain the restrictive measures under the EU non-proliferation regime on Iran. The Council concluded that there are valid reasons to refrain from lifting these restrictions on Transition Day (18 October 2023), as originally envisaged under the Joint Comprehensive Plan of Action (JCPOA).

      As for the reimposed US sanctions in 2018 the EU did extend their Blocking statute to prohibit EU companies from complying with US sanctions, but practically without effect. The proposed clearing house to allow for trade outside the bank system subject to US sanction enforcement never came to life afaik now.