• Interim Iran Nuclear Deal to Provide Limited Relief from U.S. Sanctions; U.S. Sanctions and Enforcement to Remain Robust
  • November 27, 2013
  • Law Firm: Alston Bird LLP - Atlanta Office
  • The temporary, six-month interim agreement reached on November 23, 2013, by the P5+1 (the United States, UK, Germany, France, Russia and China, facilitated by the European Union) and Iran on Iran’s nuclear program will result in a very limited provisional easing of U.S. and EU sanctions on Iran. It should not be construed as a major lifting of sanctions, in particular by the United States. The U.S. Congress remains profoundly skeptical of the deal, and the Obama Administration has limited flexibility to modify existing sanctions without the concurrence of, or action by, Congress.