20 Apr 2024
Friday 23 December 2016 - 12:55
Story Code : 243981

US amends Anti-Iran sanctions to allow greater medical, agricultural export

Sputnik- The United States has amended sanctions against Iran to expand the scope of medical devices and agricultural commodities allowed for export, the US Department of the Treasury said in a release on Thursday.

WASHINGTON (Sputnik) The Treasury explained the amendment includes new or expanded authorizations ontraining, replacement parts, software and services needed formaintenance ofmedical devices.

"The Department ofthe Treasurys Office ofForeign Assets Control (OFAC) is amending the Iranian Transactions and Sanctions Regulationsto expand the scope ofmedical devices and agricultural commodities generally authorized forexport or reexport toIran," the release stated.

The new regulation has also clarified the meaning ofterms "goods ofIranian origin" and "Iranian-origin goods," according tothe release. On July 14, 2015, Iran and the P5+1 group ofcountries, comprising the United States, Russia, China, France and the United Kingdom plus Germany, signed an agreement toensure the peaceful nature ofTehran's nuclear program inreturn forgradual sanctions relief. On December 1, the US Senate unanimously supported prolonging byyear 2026 the package ofsanctions introduced againstIran in1979.
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