|The White House
President George W. Bush
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For Immediate Release
May 8, 2003
KEY POINTS: LIFTING U.S. SANCTIONS AGAINST IRAQ
President Bush has suspended the Iraq Sanctions Act of 1990 imposed by the United States against Iraq's old regime.
The U.S. has also suspended certain unilateral economic sanctions against Iraq as they begin the process of rebuilding their lives after more than two decades of brutal dictatorship.
At the President's request, the U.S. Treasury has issued four new general licenses permitting many transactions previously prohibited, including:
COALITION EFFORTS TO UNCOVER IRAQI WMD PROGRAMS
The Coalition has a comprehensive approach to identify, assess and eliminate Iraq's WMD programs and delivery systems. The effort is focused on:
"As time goes by and the more we learn, I'm sure we're going to discover that the WMD programs are as extensive and as varied as the secretary of States reported in his February address."
Steve Cambone, Defense Department Press Briefing, 5/7/03