EU Set To Lift Sanctions For Now
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The European Union has decided that it will lift, at least temporarily, the sanctions it has imposed on US goods, now that Congress enacted sweeping changes in corporate tax law earlier this month, an EU official said yesterday.
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The EU calls on Russia to lift economic sanctions it imposed on Georgia amid a bitter spying row.
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The European Union and its allies got the go-ahead on Tuesday to slap potentially heavy sanctions on US goods in a row that could stir trade tensions ahead of the US elections.
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The European Union will suspend sanctions on &#36;4 billion worth of U.S. goods, the bloc's executive said Monday, three days after President Bush signed a bill repealing illegal export tax subsidies.
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The European Commission said on  Tuesday that EU sanctions on $4 billion worth of U.S. goods  will be lifted as planned, but it will seek to reimpose them if  the WTO backs its complaint about residual export tax breaks.
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The European Union's top trade official said Monday he would move to lift millions of euros (dollars) in punitive tariffs on U.S. goods following the repeal in Washington of corporate tax breaks that were ruled illegal by the World Trade Organization.
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The European Union on Monday lifted its embargo on Liberian diamonds, following a decision by the UN Security Council in April that the trade in &quot;blood diamonds&quot; from the country has been stemmed.
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US President George W. Bush&#39;s administration welcomed Monday a European plan to lift US trade sanctions imposed over an illegal export tax break scheme.
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European Union foreign ministers on  Monday agreed sanctions on Iran to raise pressure over its  nuclear program but also held open the door to fresh talks.
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BRUSSELS European Union foreign ministers agreed Monday to lift an arms embargo on Libya, marking a further step toward the return of the North African country to the international diplomatic fold.
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BRUSSELS - The European Union agreed on Wednesday to lift its arms embargo on Libya after pressure from Italy, which wants to help the North African country tackle illegal migrants, an EU diplomatic source said.
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The European Union decided on Tuesday to lift all remaining restrictions on the export of British meat, signalling the all-clear after an outbreak of foot-and-mouth disease.
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The European Union yesterday said it would lift trade sanctions that are damaging American exporters after President Bush last week signed a bill to revamp the corporate tax code and end an illegal export subsidy.
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The European Union announced yesterday that it is discussing lifting the sanctions partially from Libya and added it inclined towards alleviating the weapons embargo to this country.
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The European Union has said it may follow the US in lifting sanctions against Libya, as long as Tripoli shows willingness to curb illegal migration.
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The European Union extended sanctions  on Zimbabwe for another year on Monday including an arms  embargo, travel ban and asset freeze on President Robert Mugabe  and other top officials.
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The EU is sticking with its plan to  lift sanctions on $4 billion worth of U.S. goods on Jan. 1 but  is divided over whether to assert at this stage that they could  be reimposed at a lower level in 2006, diplomats said.