US Eases Medical, Agro Exports to Iran

The US Treasury Department said it has amended the licensing provisions of Iranian Transactions and Sanctions Regulations (ITSR) to allow the exports of medical devices and agricultural commodities to the Islamic Republic.

“OFAC is adopting a final rule to amend the licensing provisions of the ITSR to expand the scope of medical devices and agricultural commodities generally authorized for export or re-export to Iran,” a statement by the Treasury’s Office of Foreign Assets Control (OFAC) said.

The changes to the ITSR would be effective as of Friday, 23 December 2016, it added.

The US Treasury’s new Iran regulations also include new or expanded authorizations for training Iranian healthcare professionals to use and maintain medical devices, Press TV reported.

The statement added that the changes would be implemented “in response to feedback from the regulated public regarding improving patient safety, provide new or expanded authorizations relating to training, replacement parts, software and services related to the operation, maintenance, and repair of medical devices, and items that are broken or connected to product recalls or other safety concerns”.

Full statement from OFAC can be read here.

(Sources: Tasnim, under Creative Commons licence; OFAC; Financial Tribune)

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