Shoulder by Shoulder
WHAT:The House Foreign Affairs Committee’s Arms Sales Task Force introduced a bill called the Silver Shield Operational End Use Monitoring Act (Silver Shield Act of 2025) to monitor whether U.S. defense articles are used to...more
On 27 February 2020, the Office of Foreign Assets Controls (OFAC) issued General License (GL) 8 authorizing certain humanitarian trade transactions involving the Central Bank of Iran (CBI) that are otherwise prohibited under...more
On 25 October the U.S. Departments of the Treasury and State announced the establishment of a new channel for conducting due diligence on humanitarian trade with Iran. Foreign governments and foreign financial institutions...more