ECJ Ruling: EU Firms Can Scrap Iran Deals if Sanctions Costs Too High
European companies can end contracts with Iranian firms pressured by US sanctions if upholding the deals would lead to “disproportionate economic loss,” the EU’s top court said on Tuesday, Reuters reported.
The judgment from the European Court of Ju…
European companies can end contracts with Iranian firms pressured by US sanctions if upholding the deals would lead to "disproportionate economic loss," the EU's top court said on Tuesday, Reuters reported.
The judgment from the European Court of Justice (ECJ) in Luxembourg was prompted by a...