yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
Cloud Expo & Virtualization 2009 East
Smarter Business Solutions Through Dynamic Infrastructure
Smarter Insights: How the CIO Becomes a Hero Again
Windows Azure
Why VDI?
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun's Incubation Platform: Helping Startups Serve the Enterprise
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
General Authorization to Export Medicine to Iran Has Pitfalls

WASHINGTON, Nov. 8, 2012 /PRNewswire-iReach/ -- On October 22, 2012 the United States Department of the Treasury's Office of Foreign Assets Control ("OFAC") completely revised and reissued the foundation of the U.S. economic sanctions program prohibiting trade with Iran: the Iranian Transactions Regulations (ITR). One of the key changes that occurred as result of the revisions to the ITR, now re-named the Iranian Transactions and Sanctions Regulations (ITSR), is the issuance of a general license which authorizes the exportation and reexportation of medicine and basic medical supplies to Iran. Prior to this action, U.S. exporters of these products were required to secure a specific license from the Treasury Department's Office of Foreign Assets Control (OFAC) in order to trade with Iran. Notably, the new regulations also contain general authorization for a variety of payment and financing methods for these exports. However, while the ITSR now opens up a number of opportunities for U.S. medical companies, restrictions on certain products remain, which require the procurement of a specific license to export.  

For example, some of the more notable medicines which fall under the exclusions to this authorization include: Xanax, Vicodin, OxyContin, Percocet, Wellbuterin, Dramamine, Wellbuterin, Advil PM, Benadryl, and Oral Steroid Painkillers. These medicines all fall under the several categories of medicine which are not covered by the general license. Those categories include Non-NSAID analgesics, anticholinergics, opiods, benzodiazepines, legal narcotics, and bioactive peptides. In order to export any of these items, U.S. companies must first obtain a specific license from OFAC.

OFAC also provides a list of basic medical supplies which fall under the general license. This list covers only the most rudimentary devices, such as bandages, tongue depressors, scalpels and other items which previously did not require an Official Commodity Classification of EAR99 from the Department of Commerce's Bureau of Industry and Security (BIS). For exporters of medical devices not contained in the list of basic medical supplies, a specific license and a BIS EAR99 classification are still required before any trade with Iran may be conducted.

Finally, while these new authorizations may seem like a boon for U.S. exporters and a god send for those in Iran who need such products, there is still great difficulty in finding U.S. banks to process payments for these exports. Since they can no longer rely on a specific license issued by OFAC, U.S. banks have to trust that the transactions for which they are requested to process payments are authorized under these new regulations. As such, the risk of processing a payment which may be in violation of the sanctions could be greater than ever. Therefore, compliance measures should be bolstered both by the exporters and the banking community to ensure all facets of the new authorizations are adhered to.

The ITSR is an exceptionally complex set of regulations and it is suggested that exporters seek out an attorney specializing in export and OFAC-related matters before going through with any transactions related to Iran.

Ferrari & Associates, P.C. is a boutique law firm in Washington, DC specializing in OFAC matters. If you have any questions regarding this press release please contact them at 202-280-6370 or

Media Contact: Erich Ferrari, Ferrari & Associates, P.C., 202-280-6370,

News distributed by PR Newswire iReach:

SOURCE Ferrari & Associates, P.C.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, c...
SYS-CON Events announced today that Streamlyzer will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Streamlyzer is a powerful analytics for video streaming service that enables v...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the abo...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big ...
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong chal...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers