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Iranian Sanctions; United States Designates Iran as a Primary Money Laundering Concern under Section 311 of the USA PATRIOT Act; New Sanctions Target Persons Who Provide Goods, Services, Technology or Support that Contributes to Iran’s Development of Petroleum Resources or Production of Petrochemical Products



by Andrew S. Baer
Sullivan & Cromwell LLP - New York Office

Elizabeth T. Davy
Sullivan & Cromwell LLP - New York Office

Kelly Helt
Sullivan & Cromwell LLP - New York Office

Eric J. Kadel
Sullivan & Cromwell LLP - New York Office

Andrea R. Tokheim
Sullivan & Cromwell LLP - Washington Office

December 7, 2011

Previously published on December 2, 2011

In response to recent revelations regarding Iran’s nuclear weapons program, and in advance of significant legislation currently under consideration by the U.S. Congress, the United States has imposed several new sanctions measures targeting Iran.


 

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