BREAKING NEWS

US allows NGOs to transfer earthquake aid money to Iran

By REUTERS

AUGUST 21, 2012 19:09

WASHINGTON - The United States will temporarily allow non-governmental organizations to transfer money to Iran to help the country rebuild from an earthquake disaster, the Treasury said on Tuesday.

The United States has an array of sanctions in place against its foe Iran, which US officials accuse of seeking to build nuclear weapons.

Iran was hit by two powerful earthquakes on Aug. 11 that flattened villages in the northwest of the country and killed more than 300 people.

Treasury said it was issuing a license that will temporarily allow NGOs to transfer up to $300,000 into Iran for reconstruction activity until Oct. 5.

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