Sanctions Relief

By Adam Smith

Adam Smith recently joined Gibson Dunn's Washington, D.C. office after five years in the Obama Administration at the White House and Treasury working as a senior sanctions official.   He spearheaded the Administration's efforts to implement Congressionally-mandated secondary sanctions on Iran, developed sanctions relief strategies in the context of the Iran nuclear agreement, authored industry guidance and advisories, and negotiated parallel sanctions measures put in place by the European Union and other states including Switzerland, Japan, Australia, and Canada.

Although the sanctions on Iran have been lifted as part of the nuclear deal, former Treasury Department official Adam Smith said the U.S. will continue to impose sanctions on Iran for its terrorist, human rights, and ballistic missile activities. Smith told The Cipher Brief that one of the secondary aims of the nuclear agreement was to draw Iran into the international community in hopes that it realizes the benefits of international engagement.

The Cipher Brief: Can you explain what occurred over the weekend with “Implementation Day” of the Iran Nuclear Agreement (JCPOA)?

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