Iran News ...


3/14/06

Bush Extends Sanctions Against Iran

By VOA News

President Bush has issued an executive order that renews sanctions barring U.S. firms from conducting business with Iran.

The announcement Monday extends by one year sanctions initially imposed by then-President Bill Clinton in 1995.

The executive order, which Mr. Bush has extended annually since 2003, prohibits most imports and exports between the U.S. and Iran, including dealings in Iranian crude oil.

A spokesman for the White House National Security Council, Frederick Jones, said the actions and policies of Tehran led to the continuation of sanctions. He said those include its support for terrorists, its "abysmal" human rights record and its pursuit of nuclear weapons.

The United States has maintained various sanctions against Iran since the seizure of the U.S. embassy in Tehran in 1979.

Following is the full text of the notice issued by the White House:

Notice Continuation of the National Emergency with Respect to Iran

On March 15, 1995, by Executive Order 12957, the President declared a national emergency with respect to Iran pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701-1706) to deal with the unusual and extraordinary threat to the national security, foreign policy, and economy of the United States constituted by the actions and policies of the Government of Iran. On May 6, 1995, the President issued Executive Order 12959 imposing more comprehensive sanctions to further respond to this threat, and on August 19, 1997, the President issued Executive Order 13059 consolidating and clarifying the previous orders.

Because the actions and policies of the Government of Iran continue to pose an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States, the national emergency declared on March 15, 1995, must continue in effect beyond March 15, 2006. Therefore, in accordance with section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 year the national emergency with respect to Iran. Because the emergency declared by Executive Order 12957 constitutes an emergency separate from that declared on November 14, 1979, by Executive Order 12170, this renewal is distinct from the emergency renewal of November 2005.

This notice shall be published in the Federal Register and transmitted to the Congress.

GEORGE W. BUSH

THE WHITE HOUSE,

March 13, 2006.

... Payvand News - 3/14/06 ... --



comments powered by Disqus

Home | ArchiveContact | About |  Web Sites | Bookstore | Persian Calendar | twitter | facebook | RSS Feed


© Copyright 2006 NetNative (All Rights Reserved)