"Sanctions Are Eased; Iran Sees Little Relief" is an article which features today in the New York Times.
"Halfway through a six-month nuclear deal between Iran and major world powers that was meant to allow time to reach a comprehensive agreement, the Iranians have seen little in the way of a boost from the sanctions relief they had been expecting, trade lawyers and diplomatic analysts say," the article reads.
"Scott M. Flicker, a partner at Paul Hastings, a Washington-based law firm that specializes in sanctions litigation, said the nature of the American sanctions in particular had dissuaded many businesses from bothering with Iran, even temporarily. He said they fear running afoul of the complicated rules established by the Treasury Department’s Office of Foreign Assets Control, the government’s primary enforcer of economic sanctions against Iran. Violators run the risk of severe penalties, including exclusion from the American market."
"But many sanctions law experts say the country is still basically hamstrung economically — excluded from the global financial networks that are a critical component of international business transactions."
