The US needs to stop all trade with Iran....
It's time to ratchet up the sanctions...not to issue permits..
The Treasury Department has granted nearly 10,000 special licenses to American companies over the past decade so they could sell some types of products in Iran and other countries the US considers terrorist sponsors, The New York Times reported Thursday.
Companies such as Kraft Food and Pepsi and some of the largest US banks benefited, the newspaper said. Most licenses were granted under a law allowing trade in humanitarian goods, even if that ended up including products as diverse as cigarettes and chewing gum.
The story posted on the Times' website implies no illegal activity by administration officials or company personnel. Rather, it suggests the various deals for goods ranging from Louisiana hot sauce to body-building supplements undermine America's moral and diplomatic authority as the leading purveyor of tough sanctions on Iran, North Korea and other nations.
The newspaper said one American company was allowed to bid on a pipeline job to help Iran sell natural gas to Europe even though the US opposes such deals. Other American companies were permitted to deal with Iranian firms suspected of involvement in terrorism or weapons proliferation, the Times said.