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The Trump Administration recently announced its decision to end U.S. participation in the Joint Comprehensive Plan of Action (“JCPOA”) and re-impose sanctions against Iran that had been suspended as part of this 2015 nuclear agreement with Iran. The Administration has also taken steps in recent weeks to tighten sanctions against certain Russian parties and against the Government of Venezuela. These moves have important potential consequences for U.S. and non-U.S. companies, especially as wind-down periods for the Iran and Russia sanctions end.
In this One-Hour Briefing, Peter L. Flanagan of Covington & Burling LLP and Christopher R. Wall of Pillsbury Winthrop Shaw Pittman LLP will:
- Provide an update on the Administration's actions with respect to Iran, Russia and Venezuela and the heightened risks for U.S. and non-U.S. companies
- Discuss next steps for the phased implementation of secondary sanctions involving Iran
- Provide analysis of the practical steps companies can take in reliance on available wind-down authorities