Enforcement of Renewed Iran Sanctions an Issue, Tannebaum Says

The video discusses the reimposition of sanctions on Iran, highlighting the difference between 'snapback' and 'reimposition' and their implications. It explores the complexities of financial transactions under waivers, the shift from multilateral to unilateral sanctions, and the challenges of enforcement and compliance, especially for companies operating in the US and EU.

What is the main difference between 'snapback' and 'reimposition' of sanctions?

• Snapback is a more recent term than reimposition.

• Both terms mean the same thing.

• Reimposition implies a violation of the nuclear deal, while snapback does not.

• Snapback implies a violation of the nuclear deal, while reimposition does not.

How do waivers affect financial transactions with Iran?

• They provide direct financial benefits to the Iranian government.

• They make transactions easier by removing all restrictions.

• They allow transactions but require funds to be held in escrow accounts.

• They completely prohibit any financial transactions.

What is the purpose of the escrow accounts for countries under waiver?

• To hold funds until transactions are completed.

• To immediately benefit the Iranian government.

• To prevent any financial transactions with Iran.

• To ensure funds are used for humanitarian purposes.

What is the EU's response to the US sanctions on Iran?

• The EU has enacted anti-blocking measures to counter the US sanctions.

• The EU has imposed its own sanctions on Iran.

• The EU has fully supported the US sanctions.

• The EU has ignored the US sanctions.

What can happen to companies that violate US sanctions?

• They can receive a warning but no further action.

• They can be fined up to $9 billion and banned from the US market.

• They can continue operations without any penalties.

• They can receive tax benefits for compliance.