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Petition from Havaar: Iranian Initiative Against War, Sanctions and State Repression

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In recent months there have been increasing reports of medicine shortages and price inflation in Iran, resulting in a serious health crisis. Because Iranian banks are finding it difficult or impossible to conduct international financial transactions under the current U.S.-led sanctions regime, the medical industry in Iran has been unable to import sufficient, and affordable, quantities of vital medicines.

Under existing Office of Foreign Assets Control regulations, medically-related bank transactions are generally exempt from the sanctions policy. We strongly urge your bank to enable these types of transactions—which are literally life-saving—with Iranian companies, and to clarify via public statement your corporate policy with respect to this issue.

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