Extraterritorial sanctions? The European Response on trade and investments

We are delighted to invite you to EU40’s in-person event, ‘Extraterritorial sanctions? The European Response on trade and investments,’ taking place on the 23 March 2022, 18:00 CET at the Renaissance Hotel (only a stone’s throw from the European Parliament).

Extraterritorial sanctions can have major economic implications, particularly for the European Union, given it’s institutional vulnerabilities. Recent US measures against Iran, Cuba, and Russia, thus present indirect challenges for the the EU. Given such sanctions purport to deter economic actors under EU jurisdiction from engaging with target countries, they have an important extraterritorial dimension, which affects both European businesses and individuals alike, and ultimately, the sovereignty of the EU and its respective Member States.

Following on from the European Parliament’s 2020 study entitled, ‘Extraterritorial sanctions on trade and investments and European responses’, EU40 has decided to organise an expert led multi-stakeholder open discussion. The gathering will explore how European sovereignty can be protected in the face of extraterritoriality, and in particular, how Europe should respond to US extraterritoriality, as we ask, what threat this may pose to EU companies?

Confirmed speakers include:

  • Marie-Pierre Vedrenne MEP – Vice-Chair of the INTA Committee 
  • Lukas Mandl MEP – Board Member of EU40 
  • Alina Nedea, Head of Unit, DG FISMA – Sanctions, European Commission
  • Frédéric Pierucci, Fmr. Executive, Alstom, & Author, “The American Trap”
  • Luisa Santos, Deputy Director General, Business Europe

Moderated by Méabh McMahon, Political Reporter at Euronews.


Cocktail Reception following the event.
Maximum capacity is 50 people, registration and Covid-Pass required.

EU40 would be delighted for you to join this important and highly topical in-person discussion.