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EU companies ‘most likely to leave’ Iran after U.S. sanctions, business organisations warn
“‘Let me be clear, European companies wanted to do business in Iran,’ said Director for International Relations at BusinessEurope Luisa Santos, and lots of them want to stay in the market. But ‘under these conditions it is very difficult,’ Santos said. Therefore, the ‘most likely scenario’ is that European companies will refrain from doing business in Iran.”

Risk of no-deal Brexit rising, British foreign minister says
“Both London and Brussels say they want to get a divorce deal at the Oct. 18 EU Council, but diplomats think that target date is too optimistic. EU Brexit negotiator Michel Barnier rejected key elements of British Prime Minister Theresa May’s new trade proposals last month.”

Middle East

Turkey increases tariffs on U.S.-origin products
“In a presidential decree published in the Official Gazette on Aug. 15, Ankara said it was imposing extra tariffs on imports of products, including rice, tobacco products, vehicles, alcohol, coal and cosmetics. The decree, signed by President Recep Tayyip Erdoğan, doubled Turkish tariffs on passenger cars to 120 percent, on alcoholic drinks to 140 percent and on leaf tobacco to 60 percent.”
[Hurriyet Daily News]

New restrictions on exporting waste from Oman
“The restricted materials, according to officials, include used lead acid batteries, lead moulds, used tyres, all types of used oil (industrial, car lubricants, cooking oil, etc.), electronic waste, scrap cans, aluminium, scrap metals, all types of plastic and paper waste, in addition to cardboards.”


Gambia signs economic partnership agreement with EU
[European Commission]

South Africa hikes sugar import duties to protect local industry