Additional Iran Sanctions Legislation
24 September 2013Sanctions Alert
Congress is working on new Iran sanctions legislation that would further target the activities of non-U.S. companies with Iran, even when the activity has no U.S. nexus. Specifically, the House of Representatives already passed H.R. 850, the Nuclear Iran Prevention Act of 2013, by a vote of 400-20 on 31 July 2013, which would impose new sanctions on non-U.S. companies doing business with Iran.
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