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CRS-2 1 For Libya, the threshold was $40 million, a nd sanctionable activity included exportation to Libya of technology that could be used to develop its energy sector, to develop weapons of mass destruction (WMD), to enhance its conventional military, or to maintain its aviation capabilities (Section 5(b)(1)). These exports had been banned under Pan Am 103-related Security Council Resolutions 748 (March 31, 1992) and 883 (November 11, 1993). was in jeopardy without foreign help, Iran developed a “buy-back” investment program under which foreign firms recoup their inve stments from the proceeds of oil and gas discoveries but do not receive equity positions. As Iran was announcing plans to open its energy sector to foreign investment, some in Congress, with input from the Clint on Administration, deve loped legislation to sanction such foreign investment.