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Legal Update

United States Announces Limited Six-Month Suspension of Certain Sanctions Against Iran

21 January 2014
Mayer Brown Legal Update
The United States has issued guidance to implement the temporary, six-month suspension of certain US sanctions against Iran provided in exchange for concessions by Iran related to its nuclear program. The temporary suspension of sanctions applies only to activities that are initiated and fully completed within the six-month period between January 20, 2014 and July 20, 2014. In this report, we summarize those activities covered by the temporary sanctions relief.
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