Much to Europe's displeasure, foreign companies doing business with Iran are also at the crosshairs of the USA sanctions.
President Jean-Claude Juncker said the commission would revive legislation - known as the blocking statute - which bans European companies from complying with the USA sanctions against Iran and stops foreign court judgments based on these laws being effective in the EU.
European businesses will be sheltered from the fallout of Donald Trump's decision to pull the U.S. out of the Iran nuclear deal under a previously unused EU trade protection law.
The Blocking Statute forbids European Union companies from complying with the extraterritorial effects of USA sanctions, allows companies to recover damages arising from such sanctions, and nullifies the effect in the European Union of any foreign court judgements based on them.
So the European Commission has kicked off the formal process to activate a "blocking statute" which gives EU companies the go-ahead to ignore the USA sanctions.
The European Commission, the bloc's executive, said it had started the process of renewing a sanctions-blocking measure this morning. A spokesperson for the company told Climate Home News: "We take great care to ensure we always comply with applicable sanctions".
The Commission said it would also keep aid money flowing to Iran, part of its efforts to uphold Europe's side of the 2015 nuclear deal, which offers sanctions relief in return for Tehran shutting down its capacity, under strict surveillance by the United Nations nuclear watchdog, to stockpile enriched uranium for a possible atomic bomb.
European companies that invested in Iran after the deal are already taking fright, with French energy giant Total warning it could pull out, and Danish shipping giant Maersk and German insurer Allianz also saying they plan to wind down activities there.
The Commission said European Energy Commissioner Miguel Arias Canete will meet Iranian officials in Tehran during a three-day trip from May 18 to try to reassure Iran and strengthen energy relations.
Jean Claude Juncker, president of the European Commission, said on Thursday the commission has a "duty to protect European companies" from American sanctions. It has also facilitated the ability of the European Investment Bank to support investment in small and medium-sized enterprises in Iran.
Kidder portrayed Lois Lane and McClure played Jimmy Olsen in the film which also starred Christopher Reeve as Superman . Kidder recalled her childhood in northern Canada, saying, "We didn't have movies in this little mining town".
The FBI is responding to the scene, a law enforcement official told CBS News senior investigative producer Pat Milton. The Orange County Fire Authority said one person who was inside the building in Aliso Viejo died at the scene .
The church bombing family were in the same religious study group as the two other families linked to the attacks, police said. Earlier, an internal police report said one of the dead men had a suspected bomb strapped to his body.
The new triple tap gesture (above), Google's general attitude when it comes to the Pixel Buds (below). Updates to the Pixel Buds are downloaded in the background without the need for users to do anything.
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If Allardyce departs, Everton may go back in for Marco Silva , who they tried to sign in November before appointing Allardyce. Watford then sacked Silva in January, claiming that his focus had been affected by Everton's interest.
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On the women's side of things, Alexa Bliss, Bayley, and Mickie James will try to join Ember Moon at Money in the Bank . Time after time, Roman Reigns has failed to recapture the WWE Universal championship from Brock lesnar.
He expressed full support for Sharif and said the entire party, including party president Shehbaz Sharif, stands with him. Under these circumstances, no one knows for sure what is in store for politics of the country in coming days.
Finn Balor & Braun Strowman by Dolph Ziggler pinning Finn Balor after knocking Finn Balor off of the top rope. Axel and Dallas are now known as "The B Team". 6-Woman Tag: Ember Moon, Natalya, & Sasha Banks def.
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Ronda Rousey wants a baby 'soon'
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Heavy Rainfall Prompts Flash Flood Warning
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Taliban storm western Afghan city of Farah
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Robert Mueller had authority to prosecute Paul Manafort: judge
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Full Power rules at Indy GP
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