Authorizing the Implementation of Certain Sanctions Set Forth in the Iran Threat Reduction and Syria Human Rights Act of 2012 and Additional Sanctions With Respect to Iran
Authorizes New Sanctions, Asset Blocks Against Iran-Related Persons
What it does
Agencies must block property, ban certain transactions, and impose targeted sanctions on persons supporting Iran-related harmful activities.
Real-world impact
- Freezes assets of targeted individuals and companies in the United States.
- Prohibits U.S. banks from lending to or processing transactions for sanctioned parties.
- Suspends entry to the United States for persons meeting the order's sanction criteria.
Topics
Summary
This order lets the U.S. government impose a range of economic penalties on people and organizations connected to Iran. It authorizes blocking assets, banning transactions, restricting imports, denying U.S. contracts, and limiting loans or credits.
It targets those who supply goods, services, or technology that help Iran’s refined petroleum production, enable human rights abuses, or support censorship. The measures can freeze assets, affect banks and businesses, and bar targeted individuals from entering the United States.
Questions, answered
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