{"id":1377,"date":"2020-07-20T15:46:51","date_gmt":"2020-07-20T19:46:51","guid":{"rendered":"http:\/\/ielrblog.com\/?p=1377"},"modified":"2020-07-20T16:31:20","modified_gmt":"2020-07-20T20:31:20","slug":"eu-expresses-deep-concern-over-growing-u-s-unilateral-sanctions-against-eu-interests","status":"publish","type":"post","link":"https:\/\/ielrblog.com\/index.php\/2020\/07\/20\/eu-expresses-deep-concern-over-growing-u-s-unilateral-sanctions-against-eu-interests\/","title":{"rendered":"EU Expresses Deep Concern Over Growing U.S. Unilateral Sanctions against EU Interests"},"content":{"rendered":"

On July 17, 2020, European Union High Representative\/Vice-President Josep Borrell made a statement on US sanctions<\/a>.<\/p>\n

Borrell Statement<\/em><\/p>\n

He said\u00a0 he was \u201cdeeply concerned at the growing use of sanctions, or the threat of sanctions, by the United States against European companies and interests.\u201d<\/p>\n

He said the EU has observed this developing trend in the cases of Iran, Cuba, the International Criminal Court and most recently the Nordstream 2 and Turkstream projects.<\/p>\n

According to Mr. Borrell, \u201c(a)s a matter of principle the European Union opposes the use of sanctions by third countries on European companies carrying out legitimate business. Moreover, it considers the extraterritorial application of sanctions to be contrary to international law.\u201d<\/p>\n

Borrell continued that Europe and not third countries should determine European policies.<\/p>\n

Appropriately Borrell continued that, where countries share common foreign and security policy goals, \u00a0great value is realized in the coordination of targeted sanctions with partners. \u00a0The EU has experienced many positive examples of this.\u00a0 The EU will continue to coordinate where it \u00a0can.<\/p>\n

Perhaps, most importantly, Borrell underscored that \u201cwhere policy differences exist, the European Union is always open to dialogue. But this cannot take place against the threat of sanctions.\u201d<\/p>\n

Analysis<\/em><\/p>\n

The Borrell statement occurs against the background of friction over EU efforts to trade with Iran.\u00a0 On August 28, 2019, the EU \u00a0announced that its INSTEX mechanism to facilitate trade with Iran was operational.\u00a0 The EU informed participants that INSTEX was available to all EU member states.\u00a0 The first transactions were being processed, said an EU statement.<\/a>\u00a0 The establishment of INSTEX\u00a0 shows the EU is serious about alleviating the pain of sanctions on Iran in order to persuade Iran to remain in the 2015 Joint Comprehensive Plan of Action (JCPOA<\/a>).\u00a0 However, until now, it has facilitated very few transactions.<\/p>\n

The Borrell announcement also comes on the heels of an 18-page proposed economic and security partnership between China and Iran<\/a> that would clearly violate U.S. unilateral sanctions against Iran.<\/p>\n

The current issue of the International Enforcement Law Reporter will discuss these and other implications of the statement in more detail.<\/p>\n","protected":false},"excerpt":{"rendered":"

On July 17, 2020, European Union High Representative\/Vice-President Josep Borrell made a statement on US sanctions. Borrell Statement He said\u00a0 he was \u201cdeeply concerned at the growing use of sanctions, or the threat of sanctions, by the United States against European companies and interests.\u201d He said the EU has observed this developing trend in the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[25,138,125,33,6,70,98,164,16,86,88,77,43,80,167],"tags":[170,168,169],"class_list":{"0":"post-1377","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-arms-trade","7":"category-conflict-prevention","8":"category-counterterrorism-enforcement","9":"category-cybercrime","10":"category-economic-sanctions","11":"category-economicintegration","12":"category-extraterritorial-jurisdiction","13":"category-financial-intelligence","14":"category-foreign-intelligence-and-surveillance","15":"category-international-arms-trade","16":"category-international-cooperation","17":"category-international-criminal-law","18":"category-international-regimes","19":"category-national-security","20":"category-nuclear-proliferation","21":"tag-instex","22":"tag-iran","23":"tag-jcpoa","24":"entry"},"yoast_head":"\nEU Expresses Deep Concern Over Growing U.S. Unilateral Sanctions against EU Interests | IELR Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ielrblog.com\/index.php\/2020\/07\/20\/eu-expresses-deep-concern-over-growing-u-s-unilateral-sanctions-against-eu-interests\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU Expresses Deep Concern Over Growing U.S. Unilateral Sanctions against EU Interests | IELR Blog\" \/>\n<meta property=\"og:description\" content=\"On July 17, 2020, European Union High Representative\/Vice-President Josep Borrell made a statement on US sanctions. 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