Disarmament DiplomacyIssue No. 26, May 1998
US Waiver of Sanctions Under Iran and Libya Sanctions Act'Fact Sheet on Cooperation on Non-Proliferation and Counterterrorism,' The White House, Office of the Spokesperson, 18 May 1998
"The Secretary of State has determined that the investment by the firms Total (France), Gazprom (Russia) and Petronas (Malaysia) constitutes sanctionable activity under the Iran and Libya Sanctions Act (ILSA).
But considering the significant, enhanced multilateral cooperation the United States has achieved with the European Union and Russia in accomplishing ILSA's primary objective - inhibiting Iran's ability to develop weapons of mass destruction [WMD] and support for terrorist activity - Secretary Albright has determined that it is important to the national interest of the United States to waive the imposition of sanctions on the three firms.
The enhanced cooperation between the United States, European Union and Russia to counter the common threats of proliferation and terrorism are significant achievements in advancing President Clinton's strategy of combating the challenges to global security and prosperity in the 21st century.
The new procedures include:
Building on the already high level of cooperation between the United States and the European Union through multilateral fora, such as the Missile Technology Control Regime (MTCR), Nuclear Suppliers Group, Zangger Committee, Australia Group, and the Wassenaar arrangement, with today's joint statement we will significantly increase cooperation, to include:
On 22 January, Russia issued an Executive Order strengthening its export control system, giving the Russian Government broad authority to stop transfers of goods and services to foreign missile programs or programs for weapons of mass destruction. Last week, Russia published guidelines implementing the January executive order and establishing a catch-all export control system. Although much remains to be done and we will continue to work with the Russian authorities, President Yeltsin's public statements on May 4 and May 12 were important declarations of Russia's commitment to strictly control sensitive technologies. The new Russian proliferation system will:
Malaysia has not been a source of non-proliferation concerns for the United States, but at the upcoming session of the US-ASEAN Dialogue, the issue of establishing export control procedures for ASEAN members will be addressed."
© 1998 The Acronym Institute.