Morrison Foerster is an international law firm with lawyers practicing throughout the United States, Asia, and Europe. Click to discover more.

mofo_share_image.jpg

Morrison Foerster

favicon.ico

favicon-16x16.png

favicon-32x32.png

apple-touch-icon.png

MoFo Favicons

Terms / Notices

Cookies

Privacy Policy

Attorney Advertising

Secure Login

Alumni

  Facebook

MoFo Facebook

  Linkedin

MoFo LinkedIN

Twitter

MoFo Twitter

YouTube

MoFo Youtube

Morrison Foerster - Footer

You have not solved the recaptcha challenge yet or session expired, try again.

Disclaimer

Unsolicited e-mails and information sent to Morrison Foerster will not be considered confidential, may be disclosed to others pursuant to our <a href="https://www.mofo.com/about/privacy-policy.html">Privacy Policy</a>, may not receive a response, and do not create an attorney-client relationship with Morrison Foerster. If you are not already a client of Morrison Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.

Feedback

mofo-logo-2022.svg

People

Capabilities

Resources

About

Culture

Offices

Careers

Stay Connected

John Smith spoke to Global Trade Review about how escalating political tensions between the U.S. and Iran are placing further pressure on European firms hoping to revive trade with the embattled Middle Eastern state.

Political Tensions Pile Pressure on Europe-Iran Trade Vehicle

About Morrison Forester

people-default-header-desktop.jpg

people-default-header-mobile.jpg

Default Meta Data

John Smith spoke to Global Trade Review about how escalating political tensions between the U.S. and Iran are placing further pressure on European firms hoping to revive trade with the embattled Middle Eastern state.“There was already very little incentive for European banks to want to participate in Instex,” a controversial mechanism developed to sidestep U.S. sanctions against banks that would facilitate trade betwee Europe and Iran, according to John. “The rewards of food, medicine, and medical device trade with Iran are not substantial, and for many of them not worth the risks of running afoul of U.S. sanctions and the wrath of the U.S. government. This [recent] development makes that even more of a difficult prospect.”Read the <a target="_blank" href="https://www.gtreview.com/news/mena/political-tensions-pile-pressure-on-europe-iran-trade-vehicle/">full article</a>.