File Name: iran and libya sanctions act of 1996 .zip
- Determination and Certification under Section 8(b) of the Iran and Libya Sanctions Act
- Fact Sheet: Iran Sanctions
- Iran and Libya Sanctions Act
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Determination and Certification under Section 8(b) of the Iran and Libya Sanctions Act
Click for PDF. The next day, the European Commission announced it would prohibit compliance with the re-imposed U. The European Commission also announced a number of other measures designed to facilitate continued trade with Iran. The U. A tangle of U. Companies that engage in such transactions may face severe consequences, including large financial penalties and a complete ban from the U. The practical effect of the EU blocking statute, however, remains uncertain.
Iran and Libya Sanctions Act of : P. Available Online. Add to List. Description 1 online resource 2 volumes various pagings. Series U. Core collection.
Fact Sheet: Iran Sanctions
Iran Sanctions Act of Act Aug. In order to further the objectives of section 3, the Congress urges the President to commence immediately diplomatic efforts, both in appropriate international fora such as the United Nations, and bilaterally with allies of the United States, to establish a multilateral sanctions regime against Iran, including provisions limiting the development of petroleum resources, that will inhibit Iran's efforts to carry out activities described in section 2. The President shall report to the appropriate congressional committees, not later than 1 year after the date of the enactment of this Act, and periodically thereafter, on the extent that diplomatic efforts described in subsection a have been successful. Each report shall include—. The President may, on a case by case basis, waive for a period of not more than 12 months the application of section 5 a with respect to a person if the President, at least 30 days before the waiver is to take effect—. The President, not later than 90 days after the date of the enactment of this Act, shall report to the appropriate congressional committees on—.
Text for H.R - th Congress (): Iran and Libya Sanctions Act of
Iran and Libya Sanctions Act
The Act was originally limited to five years, and has been extended several times. On December 1, , ISA was extended for a further ten years. The Act empowers the President to waive sanctions on a case-by-case basis, which is subject to renewal every six months.
Note: Other UN resolutions have stipulated that Iran suspend uranium enrichment and reprocessing, but are not included on this list because they do not impose sanctions. Sanctions against Iran in Chronological Order Hostage crisis sanctions : During the Iranian hostage crisis, a series of executive orders blocked Iranian government property and prohibited certain transactions with Iran. These measures were revoked in In , the Anti-Terrorism and Effective Death Penalty Act imposed an additional restriction that required the US to vote against international loans to Iran and to withhold foreign aid to any country selling arms to Iran. President Clinton declares Iran an extraordinary threat and declares a national emergency.