Tightening Export Controls on Advanced US Technology Transfers to Iran.
This Act strengthens rules governing the export of critical and emerging US technologies to Iran. It mandates special licenses for selling these technologies to Iranian entities already subject to US sanctions and linked to the Revolutionary Guard, nuclear programs, or terrorist organizations. This aims to prevent hostile Iranian groups from acquiring advanced tools, impacting US national security and foreign policy.
Key points
Requires licenses for exporting emerging and foundational technologies to specific sanctioned Iranian persons, affecting US technology exporters.
Targets Iranian entities that provide material support to the Islamic Revolutionary Guard Corps, nuclear programs, or designated terrorist groups (e.g., Hamas, Hezbollah).
The Commerce Secretary must report to Congress whenever such a license is granted, ensuring legislative oversight of sensitive technology transfers.
Status:
Expired
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