The US Treasury announced a grace period for sanctions against Iraq: 90 days to 180 days.

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 The US Treasury announced a grace period for sanctions against Iraq: 90 days to 180 days.


In May 8th, after US President Trump declared the United States unilaterally withdrew from the Iraq nuclear agreement, the US Treasury announced the grace period for future sanctions against Iraq. For different industries, the US Treasury will grant grace periods ranging from 90 days to 180 days, allowing enterprises to withdraw from business cooperation with Iran in the time limit. The sanctions will come into full force after the grace period and will apply to any business outside the US and Iran. The US national security adviser, Bolton, said no one should sign new business contracts with Iran from now on. Source: CCTV News Mobile editor: Li Hang _BJS4645