US eased sanctions on Iran simplifying business management

Almaty. October 10. Silkroadnews – The US Treasury Department eased sanctions on Iran simplifying foreign companies doing business, IrTAG writes.

On Friday US released a document allowing some previously banned dollar operations. The US authorities allowed to conduct business between Iran and offshore banking institutions provided such activities do not relate to the US Treasury and removed the ban on transactions with Iranian companies which can be controlled by a person under the US sanctions.

As the agency reported earlier, despite the JCPOA (nuclear deal), the US authorities retain the sanctions against Iran, its individual companies and nationals. As of the effective date of the nuclear deal Iran repeatedly stated that the United States do not fulfill obligations under the nuclear deal.