{"id":58783,"date":"2020-01-17T11:54:33","date_gmt":"2020-01-17T03:54:33","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=58783"},"modified":"2020-01-17T11:54:35","modified_gmt":"2020-01-17T03:54:35","slug":"us-allows-time-to-wind-down-deals-hit-by-fresh-iran-sanctions","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=58783","title":{"rendered":"US allows time to wind down deals hit by fresh Iran sanctions"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/worldNews\/U-S-allows-time-to-wind-down-deals-hit-by-fresh-Iran-sanctions-840121?gallery=1\"><img src=\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/642\/64267187.295.jpg\" alt=\"Attendees hold flags from Iran and the United States, REUTERS\/ Patrick T. Fallon\/File Photo\"\/><\/a><\/figure><\/div>\n\n\n\n<p>WASHINGTON, Jan 17 (NNN-AGENCIES) &#8212; The US Treasury Department said  it will allow for a 90-day period to wind down transactions in certain sectors of Iran\u2019s economy hit with fresh U.S. sanctions last week.<br><br>The period, good through April 9, allows transactions in the construction, mining, manufacturing or textiles sectors of Iran\u2019s economy that could be targeted under last week\u2019s action to be wound down without exposure to sanctions, the Treasury Department said in an update to its frequently asked questions, or FAQs, on Iran sanctions on its website.<br><br>Entering into new business that falls under the sanctions imposed on Friday, however, would not be considered winding down and could still be sanctionable, the FAQ said.<br><br>The United States imposed more sanctions on Iran on Friday in retaliation for its missile attack on U.S. forces in Iraq last week and vowed to tighten the economic screws if Tehran continued \u201cterrorist\u201d acts or pursued a nuclear bomb.<br><br>The targets of the sanctions included Iran\u2019s manufacturing, mining and textile sectors as well as senior Iranian officials who Washington said were involved in the Jan. 8 attack on military bases housing U.S. troops.<br><br>Tensions between Washington and Tehran have spiked since Trump unilaterally withdrew in 2018 from the Iran nuclear deal struck by his predecessor, Barack Obama, and began reimposing sanctions that had been eased under the accord.<br><br>Those U.S. sanctions have driven down Iranian crude sales, the Islamic Republic\u2019s main source of revenues, but so far have not brought Iran back to the negotiating table to discuss a new nuclear pact as sought by Trump. &#8212; NNN-AGENCIES<strong>:<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, Jan 17 (NNN-AGENCIES) &#8212; The US Treasury Department said it will allow for a 90-day period to wind down transactions in certain sectors of Iran\u2019s economy hit with fresh U.S. sanctions last week. The period, good through April 9, allows transactions in the construction, mining, manufacturing or textiles sectors of Iran\u2019s economy that could [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[208,215],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/58783"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58783"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/58783\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58783"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}