Iran deal: Belgian businesses fear future

Iran deal: Belgian businesses fear future

Donald Trump's decision to pull out of the Iran nuclear deal is set to hit businesses on the other side of the Atlantic, here in Europe.


Belgium exports to Iran totalled more than half a billion euros in 2017.

No wonder then, that its businesses have got the jitters about US sanctions.

"There is this fear of direct punishment and then also the psychological aspect, the fear of retaliation on the part of the US in the context of relations companies would also have with their American partners," said Pascale Delcomminette, Executive Director of the AWEX trade organisation.

"Here again with this denunciation of the accord by the American president and by the announcement of sanctions will obviously will make them even more frosty and so it will become even more complicated for our company to finalise agreements they were negotiating with Iranian partners."

Pascale says the EU needs to stand up and step in to help companies now facing uncertain trading ties.

"Europe really needs to think about regaining its leadership and to use all its tools to protect companies from possible American sanctions in the framework of the extra-territorial principle. 

"There is indeed a mechanism called EU blocking regulations which allows Europe to activate this arsenal for protecting businesses from possible American sanctions."

Added:

By: Euronews (51042.30)

Tags: other news

Replies:
Your account has no permission to add replies to this thread!
Liveleak opposes racial slurs - if you do spot comments that fall into this category, please report.

Liveleak on Facebook

Advertisers

3x3tube porn | 14th year grail 1st time blood sex | 18year poren | 337799 toilet slaves | tias putas | memoria de mis putas tristes 2011 онлайн | 18 grils xxx videos jabarjasti | 1st time girl seal broken | ver videos de putas gratis | 3gp sex dkhtrchhardh year anus screw crying in pain | 3gp watch | memorias de mis putas tristes 2011 | 3gp indian bhabi ki chodai sex xxx | lesbianas | 30saal ki bhabi ki sex photo | 3 xxx video body 15yes | 16teen gay boys | 1840306 babe | 1julia1 private video on 07/02/15 17: 14 from chaturbate | 13inch porn male sex 3gp |