Thursday, December 17, 2015

What Will Lifting Iran Sanctions Mean for US Firms?

Even after US, EU, and UN sanctions have been lifted, Americans thinking of doing business in Iran will be restrained by other US sanctions and prohibited from dealing with blacklisted Iranian officials and entities, a top Obama administration official said at the Atlantic Council on December 17.

The possibility of “snapback”—sanctions being re-imposed in the event Iran were not to abide by its obligations under the nuclear deal reached in July—would also be cause for caution for those looking to reap business opportunities in the Islamic Republic.  

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