VOL. XXXVIII

NO. 33

15-MAY-1995

Iran

Clock Now Ticking On Phase-In of US Trade Ban Against Iran

With President Clinton's second anti-Iran Executive Order now signed, sealed,and delivered, the clock is ticking on the 30 day phase-in period permittedunder Washington's comprehensive new trade and investment embargo against Iran.Under the terms of Executive Order 12959, which followed a similar directiveprohibiting American companies from participating in oil and gas developmentdeals in Iran issued on...