VOL. XXXIX

No. 44

29-July-1996

IRAN

PresidentClinton To Sign Iran-Libya Sanctions Act; EuropeThreatens Retaliation

US President Bill Clinton is poised to sign into law a bill penalizing foreign nationals and firms for investing in the Iranian and Libyan oil and gas industry, following the unanimous passage of the legislation in both the House and the Senate (for full text of the act, see section D). The D'Amato law, named after New York Republican Senator Alfonse D'Amato who initiated the...