ARTICLE
14 October 2020

What U.S. Sanctions Mean For Iran's Coronavirus Fight

MF
Morrison & Foerster LLP

Contributor

Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
John Smith spoke to The Washington Post about U.S. economic sanctions against Iran during the COVID-19 pandemic.
Worldwide International Law

John Smith spoke to The Washington Post about U.S. economic sanctions against Iran during the COVID-19 pandemic.

The reporter wrote that anyone who violates the sanctions could see their U.S.-based assets blocked or lose the ability to move money via the U.S. banking system, which makes doing business tricky in a country where so many state institutions and associated conglomerates are sanctioned.

"There is very little profit to be made from these exports," John said.

Read the  full article.

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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