EU Starts Process to Activate Blocking Statute against Trump’s Iran Sanctions

On May 18, 2018, the European Commission, following the unanimous support of the European Union’s Heads of State or Government at the leaders’ meeting in Sofia on the evening of May 16, 2018, agreed to act on four fronts to preserve the Joint Comprehensive Plan of Action (JCPOA), including activating the Block Statute against U.S. sanctions on Iran.