International Trade: Alert - November 3, 2009
The Obama administration has adopted a dual-track strategy toward Iran by opening a dialogue while also laying the groundwork for tougher sanctions. In addition to discussing this and other developments in U.S.-Iran relations, this alert examines what tougher sanctions – as well as pending House and Senate bills and increasingly aggressive actions taken by federal agencies against specific foreign entities that are believed to have violated U.S. embargo or export laws – could mean for foreign companies and U.S. subsidiaries that do business with Iran, particularly its petroleum industry.
More 