October 26, 2019

US Humanitarian Trade Channel for Iran Gets Positive British Response

Source: Voice of America

Journalist: Michael Lipin

A U.S. proposal to boost global humanitarian trade with Iran in accordance with U.S. sanctions has sparked a positive British response and a debate about whether the plan’s goal is achievable.

In a Friday statement, the U.S. departments of Treasury and State announced the launch of what they called a “new humanitarian mechanism to ensure unprecedented transparency into humanitarian trade with Iran.” The statement said the mechanism “will help the international community perform enhanced due diligence on humanitarian trade to ensure that funds … are not diverted by the Iranian regime to develop ballistic missiles, support terrorism, or finance other malign activities.”

Read the full story and more in Voice of America.

Author

  • Peter Harrell

    Former Adjunct Senior Fellow, Energy, Economics and Security Program

    Peter Harrell is a former adjunct senior fellow at the Center for a New American Security. He is a leading expert on U.S. economic statecraft, including sanctions, export cont...