Brazil evaluates follow European law to avoid sanctions of the magnitsky law, says agency

by Andrea
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The Brazilian government evaluates the possibility of legally adopting a vaccine against sanctions applied by the United States to Brazilian people or companies, inspired by the Blocking Statute of the European Union, according to the news agency Bloomberg Line.

The text explains that European legislation declares no extraterritorial order of sanction of other countries to its citizens and companies.

According to sources heard by the agency, Brazilian legislation on the subject is valid to give more security to institutions that are pressured by the government of President Donald Trump.

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Brazil evaluates follow European law to avoid sanctions of the magnitsky law, says agency

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A first movement was made after the application of the Magnitsky Law to Minister Alexandre de Morais of the Supreme Court (STF). Shortly after Moraes is the target of American law, another STF minister, Flávio Dino, decided that asset blockages, contract cancellations or other type operations depend on court authorization.

It is worth remembering that shortly after the conviction of former President Jair Bolsonaro for the first class of the STF, on Thursday (11), the secretary of the US State Department, Marco Rubio, criticized the STF’s decision and said the country will respond to Brazil properly ‘.

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