Today, the why. Congress made the following findings:

(1) The efforts of the Government of Iran to acquire weapons of mass destruction and themeans to deliver them and its support of acts of international terrorism endanger the nationalsecurity and foreign policy interests of the United States and those countries with which theUnited States shares common strategic and foreign policy objectives.

(2) The objective of preventing the proliferation of weapons of mass destruction and acts ofinternational terrorism through existing multilateral and bilateral initiatives requires additionalefforts to deny Iran the financial means to sustain its nuclear, chemical, biological, and missileweapons programs.

(3) The Government of Iran uses its diplomatic facilities and quasi-governmental institutionsoutside of Iran to promote acts of international terrorism and assist its nuclear, chemical,biological, and missile weapons programs.

And therefore made the following policy statement:

The Congress declares that it is the policy of the United States to deny Iran the ability to supportacts of international terrorism and to fund the development and acquisition of weapons of massdestruction and the means to deliver them by limiting the development of Iran's ability to explorefor, extract, refine, or transport by pipeline petroleum resources of Iran.

When will the Iran Sanctions Act (ISA) stop being enforced? See Section 8:

The requirement under section 5(a) to impose sanctions shall no longer have force oreffect with respect to Iran if the President determines and certifies to the appropriatecongressional committees that Iran–

(1) has ceased its efforts to design, develop, manufacture, or acquire–

(A) a nuclear explosive device or related materials and technology;

(B) chemical and biological weapons; and

(C) ballistic missiles and ballistic missile launch technology;

(2) has been removed from the list of countries the governments of which have beendetermined, for purposes of section 6(j) of the Export Administration Act of 1979, to haverepeatedly provided support for acts of international terrorism; and

(3) poses no significant threat to United States national security, interests, or allies.

The ISA is structured a little funny – the reporting requirements (Section 4) being enumerated earlier than the actual description of sanctions and whom they're applicable to (Sections 5 and 6). Subsequent posts will cover the remainder of the Act, even though some of this was covered in an earlier post on what the ISA sanctions actually were.

Next up: when will sanctions be applied?

Link:

Iran Sanctions Act of 1996

Posted with Blogsy

Today, the why. Congress made the following findings:

(1) The efforts of the Government of Iran to acquire weapons of mass destruction and themeans to deliver them and its support of acts of international terrorism endanger the nationalsecurity and foreign policy interests of the United States and those countries with which theUnited States shares common strategic and foreign policy objectives.

(2) The objective of preventing the proliferation of weapons of mass destruction and acts ofinternational terrorism through existing multilateral and bilateral initiatives requires additionalefforts to deny Iran the financial means to sustain its nuclear, chemical, biological, and missileweapons programs.

(3) The Government of Iran uses its diplomatic facilities and quasi-governmental institutionsoutside of Iran to promote acts of international terrorism and assist its nuclear, chemical,biological, and missile weapons programs.

And therefore made the following policy statement:

The Congress declares that it is the policy of the United States to deny Iran the ability to supportacts of international terrorism and to fund the development and acquisition of weapons of massdestruction and the means to deliver them by limiting the development of Iran's ability to explorefor, extract, refine, or transport by pipeline petroleum resources of Iran.

When will the Iran Sanctions Act (ISA) stop being enforced? See Section 8:

The requirement under section 5(a) to impose sanctions shall no longer have force oreffect with respect to Iran if the President determines and certifies to the appropriatecongressional committees that Iran–

(1) has ceased its efforts to design, develop, manufacture, or acquire–

(A) a nuclear explosive device or related materials and technology;

(B) chemical and biological weapons; and

(C) ballistic missiles and ballistic missile launch technology;

(2) has been removed from the list of countries the governments of which have beendetermined, for purposes of section 6(j) of the Export Administration Act of 1979, to haverepeatedly provided support for acts of international terrorism; and

(3) poses no significant threat to United States national security, interests, or allies.

The ISA is structured a little funny – the reporting requirements (Section 4) being enumerated earlier than the actual description of sanctions and whom they're applicable to (Sections 5 and 6). Subsequent posts will cover the remainder of the Act, even though some of this was covered in an earlier post on what the ISA sanctions actually were.

Next up: when will sanctions be applied?

Link:

Iran Sanctions Act of 1996

Posted with Blogsy