Trade Trade

EU Blocking Statute update may allow retaliation against companies following US sanctions

By Joanna Sopinska
  • 29 Oct 2021 11:23
  • 29 Oct 2021 11:23
Foreign companies complying with extraterritorial sanctions may see their access to EU markets restricted and visas for business trips to the bloc denied under a planned revamp of the Blocking Statute, an official has said.

The statute, introduced in 1996 in response to the US extraterritorial sanctions on Cuba, Iran and

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