Game on: Treasury OKs sports exchanges with Iran

Treasury Office of Foreign Assets Control allows for the import and export of sports-related services.

One of the pillars of the Olympics is that sports can help bring nations together. Now, the U.S. Treasury is counting on sports to cool the relationship between the United States and Iran.

On Sept. 10, the Treasury Office of Foreign Assets Control issued a general license that will allow imports and exports of services related to both professional and amateur sports between the two nations. The license covers sports, games, officials, coaching and training.

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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