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Home Diplomacy

US Studying Potential Iran Sanction Waivers – Mike Pompeo

Victor Gotevbe by Victor Gotevbe
September 15, 2018
Reading Time: 2 mins read
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The United States is still studying possible waivers of sanctions against countries or businesses that continue commerce with Iran after November 4, Secretary of State Mike Pompeo said on Friday.

At the same time he maintained the US administration’s firm position toward Tehran, which Washington accuses of interference throughout the Middle East.
To the dismay of other signatories, Trump in May announced his pullout from the hard-won 2015 international accord under which Tehran agreed to limit its nuclear capacities in exchange for relief from crippling economic sanctions.

Trump said the deal failed to block all paths to an Iranian nuclear bomb, and reimposed sanctions.

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These included secondary penalties against businesses or foreign countries which continue commerce with Iran.

Those firms must now choose between their investments in Iran and their access to the US market.

Washington gave them some time to pull out, leaving the latest sanctions related to financial transactions and petroleum to take effect after November 4.

“There are still a number of decisions pending before the November 4th deadline that we gotta make about waivers, potential waivers,” Pompeo told a news conference.

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Tags: IranUnited States
Victor Gotevbe

Victor Gotevbe

Publisher/ Editor-in-Chief
Member, The National Press Club

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