The EU can violate the EU sanctions regime on the basis of a “loophole” in Seuti’s shipbuilding contract

• During the investigation, the EU’s experts found that the EU can violate the EU sanctions regime on the basis of a loophole in Seuti’s shipbuilding contract with Morocco.
• According to the investigation, which is believed to be close to 69,500 million euros, the EU can violate the EU sanctions regime on the basis of a loophole in Seuti’s shipbuilding contract with Morocco; in particular, the sanctions are related to 72 prohibitions, namely about 11.
• The investigation concludes that the loophole is linked to the fact that the contract does not include specific details on the ship’s final destination.

The European Union is considering whether the EU sanctions regime on the basis of Seuti’s shipbuilding contract with Morocco can be violated. The EU sanctions regime is in place to prevent the transfer of prohibited goods, including those related to the EU’s sanctions on Russia. For the time being, the EU has not commented on the investigation’s findings.

According to the investigation, which is believed to be close to 69,500 million euros, the EU can violate the EU sanctions regime on the basis of a loophole in Seuti’s shipbuilding contract with Morocco, with the official number of prohibitions standing at 72, while the investigation says it is 11.

The investigation claims that the non-obvious details of the contract could be used to circumvent sanctions. President of the European Commission Ursula von der Leyen said in a speech delivered at the European Parliament that the EU’s sanctions are designed to ensure that Russia feels the consequences of its aggression. The investigation also notes that the EU sanctions regime is intended to prevent the transfer of prohibited goods and technologies.

In particular, the investigation states that the contract includes provisions that allow Seuti to deliver the ship to the final destination in Italy, while the final destination is not specified in the contract. The investigation also says that the contract provides for the possibility of changing the ship’s final destination after it is delivered to the port of call in Italy.

In addition, the investigation claims that the contract includes clauses that could be used to avoid sanctions. The investigation also notes that the contract does not specify the final destination of the ship, which could allow it to be delivered to a country other than the one specified in the contract.

The investigation concludes that the EU can violate the sanctions regime on the basis of a loophole in Seuti’s shipbuilding contract with Morocco.

Tags: Europe/Politics/Economy