THE JOURNAL OF EXPORT CONTROLS AND SANCTIONS

Issue 83, October 2019

The EU blocking regulation: an Italian perspective

While much has been said  about the flimsiness of the EU blocking regulation as protection against US sanctions targeting Iran, Dario Gorji finds that in Italy, at least, the courts are paying more..

While much has been said  about the flimsiness of the EU blocking regulation as protection against US sanctions targeting Iran, Dario Gorji finds that in Italy, at least, the courts are paying more than lip service to the regulation.   Following the withdrawal in May 2018 of the United States from the Joint Comprehensive Plan of Action (‘JCPOA’), the European Union decided to adopt a policy aimed at ensuring protection for the interests of European individuals and legal entities making capital movements to, and conducting business with,  the Islamic Republic of Iran. In August 2018, this resulted in the European...



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