EU court cancels sanctions on eight Iranian companies and banks

The European Union's top court has canceled the sanctions imposed against eight Iranian banks and companies for their alleged ties to Iran’s nuclear programme, Press TV reports on Friday.

 

On the same day, the European Court of Justice in Luxembourg ruled that there was not sufficient evidence to justify the unilateral sanctions imposed by the bloc on the Iranian entities, Press TV cites Associated Press as saying. 

 

The court, however, said that the sanctions will stay in place for at least two months pending any appeal, the news agency informs. 

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