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DC Counsel Clif Burns was quoted April 14 by The Wall Street Journal concerning the impact of the relaxation of sanctions on Iran on specific industries. After U.S. sanctions collapsed Iran’s automotive sector, the country struck a nuclear agreement with the world powers which suspended the secondary sanctions on the sale or supply of goods from foreign firms to the Iranian auto sector. However, the agreement upheld the existing restrictions that ban the exportation or re-exportation of U.S.-origin vehicles or parts to Iran. “They will go after, say, European companies for dealing with restricted parties in Iran if the item is subject to export restrictions,” Burns said. The de-minimis exception, however, allows items containing less than 10% U.S.-origin parts for re-export to Iran. “The largest challenge they’re going to have is to what extent you can build a car these days without U.S. parts,” he added. “That’s going to be tough.”