U.S. grants sanctions waiver for humanitarian trade to Iran


Reuters | Washington DC | Updated: 28-02-2020 05:08 IST | Created: 28-02-2020 04:18 IST
U.S. grants sanctions waiver for humanitarian trade to Iran
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  • Country:
  • United States

The United States on Thursday granted a license to allow for certain humanitarian trade transactions with Iran's sanctioned central bank, a move it said was in step with the formalization of a Swiss humanitarian trade channel.

The newly created channel, which the U.S. Treasury Department said became fully operational on Thursday as it granted the license, would allow for companies to send food, medicine and other critical supplies to Iran.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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