US extends Iran export authorisations

OFAC has extended the range of medical devices and agricultural commodities that are authorised for export to Iran pursuant to the Trade Sanctions Reform and Export Enhancement Act, as exceptions to US sanctions on Iran under the Iranian Transactions and Sanctions Regulations. It has also revised the definitions of “goods of Iranian origin” and “Iranian-origin goods” to clarify that they do not include authorised exports or goods transported through Iranian territorial waters or via Iran, provided they have not otherwise come into contact with Iran. OFAC’s press release is here.