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Obama Lifts Sanctions From Orgs Helping Iran Develop Nukes

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Posted on May 23 2010 10:26 am
Liz Blaine is a financial analyst, author and freelance writer on finance, economics and politics. Follow her on Twitter and her blog Liz Blaine.
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By: Associated Press

The Obama administration on Friday removed sanctions against three Russian organizations the US had previously accused of assisting Iran’s effort to develop nuclear weapons.

Penalties against a fourth Russian entity previously accused of illicit arms sales to Syria were also lifted.

The timing of the decisions, published in Friday’s Federal Register but not otherwise announced by the State Department, suggested the possibility of a link to US efforts to win Russian support for a new UN Security Council resolution expanding sanctions against Iran over its nuclear program.

Read more at the Jerusalem Post

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