27 November 2013Sanctions Alert
On 23 November 2013 the United States, United Kingdom, Germany, France, Russia, and China facilitated by the European Union (the P5+1), reached an interim agreement with Iran (Iran Agreement or Agreement). While this agreement may ease sanctions in certain limited areas in the future, the provisions of the Agreement must be implemented by the United States, EU, and other countries. In addition, the opportunities for U.S. companies (and their operations outside the United States) generally will not be materially changed as a result of this Agreement.
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