European foreign affairs chiefs have pledged to protect firms against the impact of US sanctions for doing business with Iran. An EU “blocking statute” took effect on Tuesday to nullify US legal action against European firms in connection with Iran.
Secretary of State Mike Pompeo has said the US is imposing the strongest sanctions in history on Iran. In a speech on Monday in Washington, America's top diplomat said Iran would be battling to keep its economy alive after the sanctions took effect.
The European Parliament voted on Thursday for the immediate suspension of the presidential elections on May 20 in Venezuela, considering that they do not guarantee any credibility for their lack of transparency and inclusion. In this way, the body and the representative of the European Union (EU) for Foreign Policy, Federica Mogherini, call for the restructuring of an electoral agenda in which there are no outlawed candidates and the necessary electoral guarantees are fulfilled.
Israeli Prime Minister Benjamin Netanyahu urged the EU on Monday to back a new U.S. peace initiative in the Middle East, after President Donald Trump's unilateral decision to recognize Jerusalem as Israel's capital met with widespread condemnation.
The High Representative and Vice President of the European Commission, Federica Mogherini who visited Argentina on Monday praised the rapid progress made in negotiations on a renewed EU/Mercosur trade agreement and was confident remaining obstacles could be overcomes and a deal can be reached by the end of the year.
Negotiations for an ample trade and cooperation agreement between the European Union and Mercosur are strategic, essential and must be urgently concluded, said Ramon Jauregui, head of the Euro-chamber for Latin America delegation, following on the recent accords signed by the EU with Ecuador and Cuba.
Cuba and the Eurpean Union Monday signed in Brussels their first cooperation agreement, which will be from now on the legal basis of the link between the island and the 28 EU countries.
Visiting president of the European Parliament Martin Shultz called on his Argentine hosts to leave behind those chapters with no dialogue and concentrate on Mercosur/EU trade and cooperation negotiations that have been stalled for almost twenty years, taking advantage of an Argentina opened to the world and an ally when international relations are being redefined.
Argentine president Mauricio Macri arrived in Berlin on Monday, in his first official trip to the country and as part of an European tour aimed at strengthening Argentina’s ties with the European Union. Macri arrived from Brussels where he met EU authorities and the day before, was in Paris with president Francois Hollande.
Despite growing optimism among Mercosur member countries of reaching a trade agreement with the European Union, Argentine minister of foreign affairs Susana Malcorra has cautioned that the road ahead is not a bed of roses, and the coming exchange of goods and tariff reduction proposals will not satisfy any of the two sides, but that is where serious discussions begin.