Netherlands asks EU to prepare 'blocking statute' to protect ICC from further US sanctions - Anadolu Ajansı
This article concerns the possible request of widening the terms of the “blocking statute” to include OFAC, so as to make US sanctions ineffective on EU companies and individuals. It is clear how this relates to the A/I designation and its aftermath, since this widening has been proposed in that case as well.
Netherlands asks EU to prepare ‘blocking statute’ to protect ICC from further US sanctions - by Burak Bir for Anadolu Ajansı
The Netherlands has asked the European Commission to prepare a “blocking statute” to protect the International Criminal Court (ICC) from possible further US sanctions, the foreign minister said Wednesday.
[…] The blocking statute is a legal mechanism designed to protect EU companies and individuals from the extraterritorial application of specific third-country laws, primarily secondary sanctions imposed by the US.
From: Anadolu Ajansı