State Dept. Waives Obligations to Implement Certain Iranian Sanctions Through November

The State Department said it is waiving implementation of certain Iranian sanctions through Nov. 24. The waiver extension is part of a relief deal struck between Iran and P5+1 countries, which include the U.S., Russia, China, United Kingdom, France and Germany. The Treasury Department’s Office of Foreign Assets Control also extended the sanctions relief in recent days (see 14072525). The relief liberalizes restrictions on Iranian exports of petrochemical products, Iran’s purchase and sale of gold and precious metals, the provision of goods and services to Iran’s automotive sector, and the licensing of safety-of-flight inspections and repairs for Iranian civil aviation, and establishes channels to permit importation of humanitarian goods (see 14012715).