Brussels, 31/07/2001 (Agence Europe) - The Union regrets the decision taken by the American Congress to prolong the validity of the so-called Iran/Libya Sanctions Act (ILSA) for a further five years, over and above its deadline this month. Commissioner Chris Patten declared on Tuesday: "As a matter both of principle and policy, the EU has long opposed unilateral sanctions laws with extraterritorial effects. Such laws, designed to impose US requirements on economic operators of foreign...