• search

US bars business dealings with Hamas govt

Written by: Staff

Jerusalem, Apr 15: The Bush administration has barred Americans from having most business dealings with the Hamas-led Palestinian Authority, warning violators could face sanctions, according to a U S Treasury Department document.

''Transactions with the Palestinian Authority by U S persons are prohibited, unless licensed,'' the document said, giving private citizens and organisations 30 days to terminate ongoing contracts and programmes with the Authority.

The Bush administration made an exception for the World Bank, the International Monetary Fund, and U N aid agencies, authorising them to engage in ''activities and transactions'' with the Palestinian Authority, the document said.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more