Categories: Business

US Waives Sanctions on Iran Central Bank for Humanitarian Aid Shipments – Treasury Department

WASHINGTON (Sputnik) – US sanctions against Iran prohibit oil sales, shipping and financial activities, which have deterred foreign banks from doing business with the Islamic Republic – including humanitarian deals.

The United States has lifted some sanctions on Iran’s central bank for shipments of humanitarian supplies as a Swiss channel for relief goods became fully operational, the Treasury Department said in a notice published on Thursday.

The United States launched the SHTA in January with a trial run that included three shipments of drugs to treat cancer and allow organ transplants, according to media reports.

Treasury issued a separate release on Thursday – without mentioning Iran’s central bank – declaring the trial successful and announcing that the US and Swiss governments had terms of the SHTA.

Sourse: sputniknews.com

US Waives Sanctions on Iran Central Bank for Humanitarian Aid Shipments – Treasury Department

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