Reinstating Certain Iran Sanctions and Blocking Fund Transfers
This bill reinstates certain statutory sanctions with respect to Iran that were waived or suspended pursuant to an agreement between the United States and Iran. This specifically includes the waiver regarding the transfer of funds from South Korea to Qatar. The legislation prohibits the U.S. Government from facilitating the release of funds or assets to Iran under such agreements.
Key points
Reinstatement of statutory sanctions on Iran that were previously waived or suspended under agreements.
Prohibition on U.S. Government actions facilitating the release of funds to Iran, specifically regarding the South Korea to Qatar transfer.
Status:
Expired
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