Iran issues blacklist of 'Zionist firms"
The Jerusalem Post reported today that the Government of Iranian "has published a blacklist barring trade with international companies that are said to be 'affiliated with the Zionist regime and Israeli stockholders.'" The article notes that Iran's Foreign Ministry has "recently taken various steps 'inside and outside the country to prevent patronage of Israeli goods,' and that it was working on the issue with other member states of the Organization of the Islamic Conference."
This serves as a reminder that U.S. companies that possess OFAC licenses to sell food, medicine or medical devices to Iran should closely review letters of credits and other documents related to such sales in order to ensure compliance with the U.S. antiboycott regulations.
Labels: OFAC
|posted by Douglas N. Jacobson| Permalink 
