VOL. XXXVIII

NO. 25

20-MARCH-1995

Iran

Statement By The Press Secretary

President Clinton announced today his intention to issue shortly an ExecutiveOrder that will prohibit U.S. persons from entering into contracts for thefinancing, or the overall supervision and management, of the development ofpetroleum resources in Iran.

The President is issuing this order in response to the actions and policiesof Iran, including support for international terrorism, efforts to underminethe Middle East peace...