VOL. XXXVIII

NO. 50

11-SEPTEMBER-1995

Iran

Senator D'Amato Seeks To Penalize Foreign Firms Doing Business With Iran

Senator Alfonse D'Amato (R-NY), the Chairman of the US Senate BankingCommittee, intends to introduce a bill that would prohibit foreign firmsoperating in the US from conducting oil and gas-related business with Iran. Thebill would revive the "Iran Foreign Sanctions Act of 1995," which wasproposed by Senator D'Amato last March (MEES, 3 April). It would, among otherthings, bar foreign...