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CNN LIVE EVENT/SPECIAL

Snow Lifts Sanctions Against Iraq

Aired May 7, 2003 - 15:51   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

MILES O'BRIEN, CNN ANCHOR: Live picture right now, Treasury Secretary John Snow at a news conference in Washington lifting the sanctions against Iraq which means it allows, among other things, the export of high-tech items needed in humanitarian areas.
Obviously those sanctions were not aimed at a country, but at a regime. With the regime gone, obviously the administration feels it is appropriate and timely to lift those sanctions to allow for a new government to take hold and flourish.

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