Prohibiting Certain Transactions With Respect to Iran
Headline: United States Bans Most Trade and Investment With Iran
What it does: Agencies must implement and enforce broad prohibitions on trade, investment, and related transactions with Iran and issue rules and reports as needed.
- Prohibits importing goods or services of Iranian origin into the United States.
- Bans U.S. exports, reexports, and sales of technology and services to Iran.
- Bars new U.S. investment in Iran and related financing or guarantees.
Summary
This order bans most imports from Iran and broadly prohibits U.S. exports, reexports, sales, or supplies of goods, technology, and services to Iran or its government. It also bars new investment by U.S. persons and forbids U.S. involvement in transactions that evade these rules.
U.S. citizens, U.S. companies, and anyone doing business in the United States are affected. The Secretary of the Treasury may issue rules and require reports, and all federal agencies must enforce the prohibitions. The order responds to actions by the Government of Iran and aims to protect national security, foreign policy, and the U.S. economy.
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