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The EU sanctions move ends Iran's isolation on the word stage (Photo: Truthout.org)

EU suspends Iran sanctions, but mistrust remains

EU countries have agreed to immediately suspend some Iran sanctions, but plenty of mistrust remains.

Officials said the move will be enshrined in the Union’s Official Journal later on Monday (20 January), allowing it to enter into life without the normal lag of 24 to 48 hours.

The suspension, to last six months, means European insurance firms will be free to cover shipments of Iranian crude oil.

EU firms will also be able to trade Iranian petrochemcial products, gems and ...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

The EU sanctions move ends Iran's isolation on the word stage (Photo: Truthout.org)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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