1. Both these earlier sanctions would be waived, as well, an administration official said. 2. But officials say the president will waive the sanctions and avoid the Ex-Im Bank cutoff in return for guarantees of better future behavior. 3. Clinton cannot waive the sanctions outlined in the law. 4. Congress was consulted before the administration freed the funds this week, according to Tennant, to insure that there would be no objections to waiving the sanctions. 5. Decertified nations can lose some economic benefits prescribed by law, or such sanctions can be waived if Clinton deems that to be in the national interest. 6. Even if approved, the resolution would let Clinton waive financial sanctions, which under normal circumstances would be immediately imposed once a country loses its certification status. 7. Feinstein introduced legislation last week that would similarly decertify Mexico, while continuing to allow Clinton to waive economic sanctions. 8. He waived sanctions against Russia and France for pouring billions into Iranian gas fields. 9. However, the law also lets him waive any sanctions if he deems it in the best interest of the country. 10. However, the Clinton administration can waive all sanctions for national security reasons. |
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