Andrea discusses friction between Europe and the United States over the Iran nuclear deal with Justine Walker, Director of Sanctions at UK Finance. They review European engagement in the Iranian market over the last two years, consider the EU’s reaction to Trump’s withdrawal from the agreement, and examine the implications for companies now caught between two sets of opposing laws. 

 

Links of Note:

Full transcript of Trump’s speech announcing withdrawal from the JCPOA.

US Treasury FAQ on the reimposition of sanctions on Iran.

Daimler abandoning its Iran expansion plans.

UK Finance publications on the EU blocking regulations, Iran, and other sanctions issues.

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