FOR IMMEDIATE RELEASE: CONTACT: JESSE JACOBS
Friday, June 22, 2001 202-224-4524

COMMITTEE TO HOLD HEARING
ON IRAN-LIBYA SANCTIONS ACT


Senator Paul S. Sarbanes, Chairman of the Committee on Banking, Housing and Urban Affairs Committee, has announced that the Committee will hold a hearing on the Iran-Libya Sanctions Act, which expires in August. The Act imposes sanctions on foreign companies, which make investments "directly and significantly contributing to the enhancement of the ability of Iran or Libya to develop its petroleum resources."

The hearing will be held:

THURSDAY, JUNE 28, 2001
9:30 A.M.
538 DIRKSEN SENATE OFFICE BUILDING


Scheduled to testify are:

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