"We are told that under European law, reinsurance outside Europe is not hit by sanctions, " he said.
WSJ: India Mulls Reinsurance Fund to Aid Iranian Crude Imports
He seemed to believe that there was still time to stop Iran by sanctions and diplomatic means.
Change will come about through free trade and integration into the global economy, not by sanctions or military action.
The disclosure requirement affects any company or entity that is covered by sanctions administered by the Treasury's Office of Foreign Assets Control.
After all, several European nations strongly dislike the current Israeli government and are unconvinced by sanctions on Iran: the West is a complex block.
These laws would have to meet minimum standards: proceedings would have to be transparent, and the rules would have to be backed up by sanctions.
Thus far Iran's leaders claim to be unmoved by sanctions threats.
Supply constraints emanating from Iran (hit by sanctions) and the North Sea (afflicted by strikes and unexpected maintenance) are not enough large enough to push the market the other way.
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On Dec. 13, the International Energy Agency said if Iranian supplies were cut off by sanctions, refiners in the Mediterranean would have to pay higher prices for oil from other suppliers.
But those of the centre and right who also opposed apartheid found their sincerity angrily questioned by Bishop Huddleston when they did not accept his view that the only way to end apartheid was by sanctions.
Burundi's government is also hampered by the sanctions imposed by its neighbours after the 1996 coup.
Section 1 of the order is intended to implement sanctions pursuant to ISA, CISADA, or ITRSHRA. Certain ISA sanctions require action by the private sector, and the order will further the implementation of those ISA sanctions by providing authority under IEEPA to the Secretary of the Treasury to take certain actions with respect to those sanctions.
It was crushed by international sanctions, which were imposed after Mr Aristide was deposed by a military coup only nine months after his election in 1990, and before American troops reinstalled him three years later.
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The Iran Refined Petroleum Sanctions Act would allow the president to take new measures against Iran by imposing sanctions on the export of gasoline to the country.
It has expressed its anger with Russia not by invoking sanctions like the cutting back of the G8 to the old G7 without Moscow or by seeking to block Russian entry into the World Trade Organization, but by promising to help reconstruct a ravaged Georgia.
He left the lucrative oil-transit business before it was hit by Russian sanctions in 2007.
For many years, Western multinationals were deterred by trade sanctions and reputational risk.
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Mrs Clinton said that Iran's petrochemical industry, oil and gas industry and financial sector would be targeted by the sanctions.
Some of Mr Obama's people think Mr Bashir's indubitably nasty regime should be further isolated and squeezed by economic sanctions.
Ethiopian Prime Minister Meles Zenawi said at the weekend that, by threatening sanctions, the Security Council was "punishing the victim of aggression, Ethiopia".
The U.S. and the European Union have shut down the use of the financial system for Iranian crude trade by imposing sanctions, which have discouraged banks from allowing such transactions.
WSJ: India Mulls Reinsurance Fund to Aid Iranian Crude Imports
Secretary-General Kofi Annan, said U.N. weapons inspectors could resume their work, but it also linked cooperation with "a further chance to achieve justice by lifting sanctions" imposed on Iraq after its 1990 invasion of Kuwait.
The Securities and Exchange Commission, the regulatory body that protects U.S. investors, on May 8 informed Congress that it would increase disclosure conditions for companies listing in the United States and doing business with countries affected by American sanctions.
What can reopen that portal is Pakistan's signing of the comprehensive nuclear test ban treaty championed by the U.S. But doing so without India, which is not hit as hard by the sanctions, will be politically damaging to Prime Minister Nawaz Sharif.
Such efforts will likely be influenced by a growing awareness on Capitol Hill and among nongovernmental groups of this potent new source of U.S. foreign-policy leverage and a recognition that it can be exploited largely without the collateral damage to U.S. interests (harm to exports and jobs) inflicted by trade sanctions.
The 10 individuals affected by EU sanctions will not be named until Tuesday, but the council of the European Union said it condemned "in the strongest terms the ongoing repression in Syria and the unacceptable violence used by the military and security forces against peaceful protesters which have lead to hundreds of fatalities".
The visit by the two inspectors follows the imposition of sanctions by Ulster Unionists on Sinn Fein ministers pending re-engagement between the IRA and the Independent International Commission on Decommissioning which is overseeing the process of arms inspections.
The sanctions were expanded by the Iran and Libya Sanctions Act of 1996, which cited Libya's failure to comply with U.N. resolutions, support of terrorism and efforts to acquire weapons of mass destruction.
However, many American analysts, for instance Henry Kissinger tonight said that sanctions may be being violated but the U.S. has nothing to gain by abandoning the sanctions.
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