BREAKING NEWS

US to loosen sanctions on Iran for mobile phones, gadgets

By REUTERS

MAY 30, 2013 20:58

WASHINGTON - The United States was set to relax sanctions on Iran on Thursday to allow American companies to sell mobile phones, software and other technology used for personal communications to Iranians, two US officials said.

The move, expected later on Thursday, will allow Iranians to get access to the latest Apple phones and newest software that have only been available on Tehran's black market since sanctions were first imposed in 1992.

The US has ramped up tough measures against Iran in recent years to slow development of the Islamic Republic's disputed nuclear program, blacklisting a wide range of Iranian companies and government officials.

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