What Sanctions Against Iran Won't Be Lifted? Bans For Terrorism Support, Human ... - International Business Times
Under the terms of the agreement, Iran would submit to limitations on and inspections of its nuclear program in exchange for an end to devastating sanctions that effectively isolated Iran from the global economy. But although Iranian oil , alongside other goods, would once again flow on the global market, and banks and companies could begin to renew business with their counterparts in the Islamic Republic, the deal between Iran and the so-called P5+1 did... “Certain sanctions related to Iran’s support of terror, human rights and weapons program will remain intact,” Farhad Alavi, a lawyer in Washington, D. C. , who is an expert in sanctions law, said in an email. “Many parts of the U. S. sanctions infrastructure against Iran predate the nuclear issue,” he added. Otherwise, relief from sanctions that would revive international trade and commerce with Iran would be tied primarily to the European Union, and not to direct business between the United States and Iran, for the most part. Major multilateral sanctions against Iran began in 2006, when the United Nations Security Council issued a resolution that banned exporting or providing equipment and technology to Iran that could help contribute to its development of a nuclear... Source: www.ibtimes.com
