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EU says US trade sanctions on Iran does not apply to Europe

Brussels, Feb 1, IRNA -- The European Commission, the EU's executive, said Tuesday that US trade sanctions on Iran concerned only American companies and did no have an ''extra-territorial'' nature.

''The situation is that American businesses are not allowed to trade in Iran. We never had to take up a formal complaint on the subject, as far as I know,'' European Commission spokesperson for external relations, Emma Udwin, told reporters.

''There is no extra-territoriality about the agreement the US has with its own companies not to trade with Iran,'' she added.

Udwin was responding to a question during the daily Commission news conference on reports that the US was calling on European companies to wind up their businesses in the Islamic Republic.

... Payvand News - 2/1/05 ... --

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