
On Wednesday the EU reimplemented sanctions against an Iranian bank and 31 Iranian shipping companies by utilizing a new legal basis after the EU court in January this year canceled sanctions against Bank Tejara and 40 carriers, reports news agency Reuters.
The decision comes just a few days after Iran and six other nations over Easter, and led by the US, reached agreement on a deal to monitor and control Iran's nuclear program - an agreement that will now be negotiated and finalized before the end of June.
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