Part-NIC-Nic6051879-1-1-0

Iran remains off limits to US banks

Iranian men queue at an ATM machine in Tehran on January 23, 2012The Obama administration in mid-January eased several restrictions on doing business with Iran, including former “secondary” sanctions that had threatened to penalize companies outside the US for their business with Iran, as well as some restrictions on Americans seeking to make inroads in the oil-rich country. “Broadly, the US primary embargo on Iran is still in place,” John Smith, acting director of the Treasury Department’s Office of Foreign Assets Control (OFAC), told a congressional panel on Thursday. The sanctions still in place were imposed not over Iran’s nuclear program but its record on terrorism and human rights.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 2 weeks ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *