EU re-imposes sanctions on Iranian bank, 32 shipping firms

April 8, 2015 11:25 AM

65 0

BRUSSELS, April 8 (Reuters) - The European Union re-imposed sanctions on an Iranian bank and 32 Iranian shipping companies on Wednesday, using new legal grounds, after the measures were struck down by a European court.

The EU's second highest court annulled an EU asset freeze on Bank Tejarat and 40 Iranian shipping companies in January, finding fault with the legal grounds given by the EU.

Also read: EU fights back to neutralize US sanctions against Iran

Read more

To category page