Sanctions

Essential Documents

Kirk-Menendez Iran Sanctions Amendment

This bipartisan amendment to the 2012 defense authorization bill, by Senators Robert Menendez and Mark Kirk, places sanctions on the Central Bank of Iran and foreign institutions doing business with the Central Bank of Iran. Humanitarian exceptions are made for medicine, food, and medical equipment. The bill also allows the president to suspend sanctions if he finds it a matter of national security. The bill passed the Senate on December 1, 2011.

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Essential Documents

Clinton's Remarks on the Situation in Syria, August 2011

Secretary of State Hillary Clinton gave these remarks regarding the situation in Syria on August 18, 2011. She stated, "This morning, President Obama called on Asad to step aside and announced the strongest set of sanctions to date targeting the Syrian Government. These sanctions include the energy sector to increase pressure on the regime. The transition to democracy in Syria has begun, and it's time for Asad to get out of the way."

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Essential Documents

White House Fact Sheet on Syria, August 2011

The White House released this fact sheet on Syria on August 18, 2011, regarding the U.S.' "series of steps and actions to work toward putting an end to the Syrian government’s violence, arrests, and torture, supporting the Syrian people’s universal rights, and pushing for a democratic transition".

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Essential Documents

Executive Order Blocking Property of the Government of Syria and Prohibiting Certain Transactions with Respect to Syria, August 2011

Author: Barack Obama

President Obama signed this Executive Order on August 18, 2011. The order, according to the White House, "blocks the property of the Syrian government, bans U.S. persons from new investments in or exporting services to Syria, and bans U.S. imports of, and other transactions or dealings in, Syrian-origin petroleum or petroleum products".

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First Take Author: Steven Dunaway

U.S. Treasury Secretary Geithner signaled the administration's frustration with China's exchange rate policy, while stopping short of endorsing congressional action. But unless China acts soon, the U.S. may have no other choice than to apply sanctions, writes CFR's Steven Dunaway.

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Interview

A Weakened but Resourceful Iran

Hossein G. Askari interviewed by Greg Bruno

Sanctions have weakened Iran, but expert Hossein G. Askari says the country's leaders continue to muddle through, in part because of popular support for uranium enrichment--the cause of mounting global pressure.

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Interview

Why Sanctions Can Hurt North Korea

Marcus Noland interviewed by Jayshree Bajoria

Washington's new sanctions against North Korea, focusing on international financial institutions and banking systems, are likely to have more impact than trade sanctions, says North Korea economic expert Marcus Noland.

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