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Iran/Libya Sanctions

NPR's Tom Gjelten reports the House of Representatives today passed a bill that would impose sanctions against foreign individuals or companies investing in Iran or Libya's oil industries. The legislation is similar to the Helms-Burton Law, which punishes certain foreign firms doing business in Cuba. As with Helms-Burton, the Iran-Libya bill is raising the ire of America's trading partners, who say it violates international rules of free trade.

Copyright 1996 NPR