VOL. XXXIX

No. 49

2-September-1996

OMAN

Oman Deplores US Sanctions Legislation

Oman, a member of the six-nation Gulf Cooperation Council (GCC) - the others being Saudi Arabia, Kuwait, the UAE, Qatar and Bahrain - has come out with a public statement deploring recent US legislation imposing sanctions on non- US companies investing in oil and gas projects in Iran or Libya. This marks the first time that any GCC member has publicly criticized the US sanctions legislation. While maintaining...