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To: RealMuLan who wrote (60478)	2/23/2005 10:46:34 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

U.S. lawmakers take aim at foreign firms in Iran <Siemens, Royal Dutch/Shell and Total of Europe and Inpex of Japan.> Bloomberg News Language Tools What is this? English Thursday, February 17, 2005 U.S. lawmakers are beginning a new push to compel enforcement of a 1996 law imposing sanctions on foreign companies that do business in Iran, a move that could trigger a European Union protest to the World Trade Organization. . Both the Clinton and Bush administrations dodged enforcing the law after the EU threatened to fight sanctions as a violation of WTO rules. But the House International Relations committee was set to open a hearing Wednesday on a bill sponsored by Ileana Ros-Lehtinen, Republican of Florida, that would limit the ability to delay enforcement. . Among the companies that would be vulnerable to enforcement of the sanctions are Siemens, Royal Dutch/Shell and Total of Europe and Inpex of Japan. . The measure reflects growing impatience with Iran's suspected nuclear weapons program, said the committee's chairman, Henry Hyde, Republican of Illinois. "It increasingly appears likely that there will be legislative action this year to encourage compliance with treaties that Iran itself has ratified," Hyde said in an interview. . Hyde declined to say whether he would support the Ros-Lehtinen bill, one of several measures in Congress offered by both Republicans and Democrats that would step up sanctions against Iran or fund opposition Iranian groups. . The United States prohibits American companies from investing in Iran under sanctions dating to 1979, when students in Tehran seized the U.S. embassy and held 66 Americans hostage. The U.S. has imposed additional sanctions since then, citing Iran's alleged support of terrorism and its pursuit of nuclear weapons. . The 1996 Iran-Libya Sanctions Act imposed sanctions against companies in other nations that invest in Iran. The Clinton and Bush administrations avoided enforcing it by keeping under indefinite review the cases of foreign companies operating in Iran. The bill offered by Ros-Lehtinen would limit such reviews to 90 days. . . See more of the world that matters - click here for home delivery of the International Herald Tribune. . < < Back to Start of Article U.S. lawmakers are beginning a new push to compel enforcement of a 1996 law imposing sanctions on foreign companies that do business in Iran, a move that could trigger a European Union protest to the World Trade Organization. . Both the Clinton and Bush administrations dodged enforcing the law after the EU threatened to fight sanctions as a violation of WTO rules. But the House International Relations committee was set to open a hearing Wednesday on a bill sponsored by Ileana Ros-Lehtinen, Republican of Florida, that would limit the ability to delay enforcement. . Among the companies that would be vulnerable to enforcement of the sanctions are Siemens, Royal Dutch/Shell and Total of Europe and Inpex of Japan. . The measure reflects growing impatience with Iran's suspected nuclear weapons program, said the committee's chairman, Henry Hyde, Republican of Illinois. "It increasingly appears likely that there will be legislative action this year to encourage compliance with treaties that Iran itself has ratified," Hyde said in an interview. . Hyde declined to say whether he would support the Ros-Lehtinen bill, one of several measures in Congress offered by both Republicans and Democrats that would step up sanctions against Iran or fund opposition Iranian groups. . The United States prohibits American companies from investing in Iran under sanctions dating to 1979, when students in Tehran seized the U.S. embassy and held 66 Americans hostage. The U.S. has imposed additional sanctions since then, citing Iran's alleged support of terrorism and its pursuit of nuclear weapons. . The 1996 Iran-Libya Sanctions Act imposed sanctions against companies in other nations that invest in Iran. The Clinton and Bush administrations avoided enforcing it by keeping under indefinite review the cases of foreign companies operating in Iran. The bill offered by Ros-Lehtinen would limit such reviews to 90 days. . . See more of the world that matters - click here for home delivery of the International Herald Tribune. . < < Back to Start of Article U.S. lawmakers are beginning a new push to compel enforcement of a 1996 law imposing sanctions on foreign companies that do business in Iran, a move that could trigger a European Union protest to the World Trade Organization. . Both the Clinton and Bush administrations dodged enforcing the law after the EU threatened to fight sanctions as a violation of WTO rules. But the House International Relations committee was set to open a hearing Wednesday on a bill sponsored by Ileana Ros-Lehtinen, Republican of Florida, that would limit the ability to delay enforcement. . Among the companies that would be vulnerable to enforcement of the sanctions are Siemens, Royal Dutch/Shell and Total of Europe and Inpex of Japan. . The measure reflects growing impatience with Iran's suspected nuclear weapons program, said the committee's chairman, Henry Hyde, Republican of Illinois. "It increasingly appears likely that there will be legislative action this year to encourage compliance with treaties that Iran itself has ratified," Hyde said in an interview. . Hyde declined to say whether he would support the Ros-Lehtinen bill, one of several measures in Congress offered by both Republicans and Democrats that would step up sanctions against Iran or fund opposition Iranian groups. . The United States prohibits American companies from investing in Iran under sanctions dating to 1979, when students in Tehran seized the U.S. embassy and held 66 Americans hostage. The U.S. has imposed additional sanctions since then, citing Iran's alleged support of terrorism and its pursuit of nuclear weapons. . The 1996 Iran-Libya Sanctions Act imposed sanctions against companies in other nations that invest in Iran. The Clinton and Bush administrations avoided enforcing it by keeping under indefinite review the cases of foreign companies operating in Iran. The bill offered by Ros-Lehtinen would limit such reviews to 90 days. . . See more of the world that matters - click here for home delivery of the International Herald Tribune. . < < Back to Start of Article U.S. lawmakers are beginning a new push to compel enforcement of a 1996 law imposing sanctions on foreign companies that do business in Iran, a move that could trigger a European Union protest to the World Trade Organization. . Both the Clinton and Bush administrations dodged enforcing the law after the EU threatened to fight sanctions as a violation of WTO rules. But the House International Relations committee was set to open a hearing Wednesday on a bill sponsored by Ileana Ros-Lehtinen, Republican of Florida, that would limit the ability to delay enforcement. . Among the companies that would be vulnerable to enforcement of the sanctions are Siemens, Royal Dutch/Shell and Total of Europe and Inpex of Japan. . The measure reflects growing impatience with Iran's suspected nuclear weapons program, said the committee's chairman, Henry Hyde, Republican of Illinois. "It increasingly appears likely that there will be legislative action this year to encourage compliance with treaties that Iran itself has ratified," Hyde said in an interview. . Hyde declined to say whether he would support the Ros-Lehtinen bill, one of several measures in Congress offered by both Republicans and Democrats that would step up sanctions against Iran or fund opposition Iranian groups. . The United States prohibits American companies from investing in Iran under sanctions dating to 1979, when students in Tehran seized the U.S. embassy and held 66 Americans hostage. The U.S. has imposed additional sanctions since then, citing Iran's alleged support of terrorism and its pursuit of nuclear weapons. . The 1996 Iran-Libya Sanctions Act imposed sanctions against companies in other nations that invest in Iran. The Clinton and Bush administrations avoided enforcing it by keeping under indefinite review the cases of foreign companies operating in Iran. The bill offered by Ros-Lehtinen would limit such reviews to 90 days. . . See more of the world that matters - click here for home delivery of the International Herald Tribune. .