23 July 1999
Some joy for farmers as USA relaxes sanctions
THE USA is planning to relax the rules on the sale of food, medicine and medical equipment to Iran, Sudan and Libya.
But some farm sectors which had been hoping to take part – cotton and tobacco – will not benefit.
US grain exporters have feared the new rules do not provide enough flexibility to do business and have asked the administration to pre-approve sales.
Washington introduced the sanctions because of concern about the countries support for international terrorism.
- US drops agriculture as sanction weapon, FWi, 29 April, 1999
- Financial Times 23/07/99 page 6