US could 'amend, modify, revoke' airliner exports to Iran

Licenses the US govt granted to Airbus and Boeing last fall to sell airliners to Iran Air could be “amended, modified or revoked at any time,” a provision that renders the transactions vulnerable at a time of political upheaval in Washington, D.C. During his successful campaign for the presidency, Republican Donald Trump denounced the July 2015 nuclear agreement with Iran that made the sales possible, and the previous Republican-ruled House of Representatives—now still under Republican control—voted to block any financing of aircraft sales to Iran. “Yes, those licenses could be revoked or modified even after they’ve been granted,” said Eric McClafferty, an attorney specialising in international trade. <br/>
AIN
http://www.ainonline.com/aviation-news/air-transport/2017-01-05/us-could-amend-modify-revoke-airliner-exports-iran
1/5/17