In The News

What U.S. Sanctions Mean for Iran’s Coronavirus Fight

Washington Post

07 Apr 2020

Iran’s leaders requested the United States suspend economic sanctions to allow the country to combat the coronavirus pandemic. The Washington Post examined why some banks may not be interested in participating.

“There is very little profit to be made from these exports,” said John E. Smith, who was the director of OFAC from 2015-2018.

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