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2001

International Trade Law

Helms-Burton Act

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Congress Turns To Capital Markets To Support Sanctions, Perry S. Bechky, Danforth Newcomb, Saamir Elshihabi Aug 2001

Congress Turns To Capital Markets To Support Sanctions, Perry S. Bechky, Danforth Newcomb, Saamir Elshihabi

Perry S. Bechky

For years the US has imposed economic sanctions on certain nations it deems undesirable. Now the Bush administration is facing potential conflicts of interest as Congress pursues an aggressive policy, making use for the first time of the US capital markets. This article discusses the compliance issues companies need to understand about the proposed legislation.