News

UK Junior Minister Burt: European companies can be protected from US sanctions on Iran

A junior British Minister of State for the Middle East, Alistair Burt, told BBC radio on Tuesday that the European companies can be protected from the US re-introduction of the sanctions on Iran, Reuters reports.

Key Quotes:

“If a company fears legal action taken against it and enforcement action taken against it by an entity in response to American sanctions then that company can be protected as far as EU legislation is concerned.” 

“It is a commercial decision for companies whether they continue to work in Iran.”

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