2012: Another Banner Year For Iran Sanctions

Law360, New York (January 9, 2013, 12:12 PM EST) -- The year 2012 saw a continuation and intensification of U.S. pressure on Iran in the form of legislative and administrative actions designed to secure cooperation on nuclear proliferation by isolating Iran’s economy. Added to the web of Iran sanctions in 2012 were three new statutes, five sets of regulatory amendments and five executive orders.

In addition, numerous individuals and entities have been designated or subjected to asset blocking under existing and new laws. While Iran has acknowledged that sanctions have resulted in a drastic drop in...
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