European Union Blocking Statute
en.wikipedia.org
European Union Blocking Statute
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Re: European Union Blocking Statute
#2TL;DR: It is illegal for European citizens and companies to boycott Iran (and Cuba).
Important to post this because many European citizens and companies are unknowingly admitting to breaking the law when they post about boycotting Iran for supplying drones/missiles to Russia.
Re: European Union Blocking Statute
#3TL;DR: It is illegal for European citizens and companies to boycott Iran (and Cuba). Important to post this because many European citizens and companies are unknowingly admitting to breaking the law when they post about boycotting Iran for supplying drones/missiles to Russia.
IANAL, but you misunderstood the law.
It only applies if the boycotting company terminates contract with a party in Iran in order to comply with US sanctions. If the company doesn't want to have business with Iran voluntary for other reasons, and can prove it, it's not illegal.
See e.g. https://www.lw.com/admin/upload/SiteAttachments/Alert%202919...