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In the Iran-Contra Affair, United States President Ronald Reagan's administration secretly sold arms to Iran, which was engaged in a bloody war with its neighbor Iraq from 1980 to 1988 (see Iran-Iraq War), and diverted the proceeds to the Contra rebels fighting to overthrow the leftist and democratically-elected Sandinista government of Nicaragua. Those sales thus had a dual goal: appeasing Iran, which had influence with militant groups that held several American hostages in Lebanon and supported bombings in Western European countries, and funding an anti-communist guerrilla war in Nicaragua.

Both transactions were contrary to acts of Congress, which prohibited the funding of the Contras and the sale of weapons to Iran. In addition, both activities violated UNFlag of the United Nations The United Nations or UN is an international organization made up of states. Almost all countries are members. It was established in San Francisco on October 24, 1945, following the Dumbarton Oaks Conference in Washington, DC, b sanctionsSanctions is the plural of sanction (see also penalty). Below the specific use of the plural is discussed. Penalties usually monetary fines, levied against a party to a legal action or his attorney, for violating rules of procedure, or for abusing the jud.

1 The arms-for-hostages deal

The IsraelThis article discusses the State of Israel. For other meanings of Israel see Israel (disambiguation). The State of Israel Medinat Yisrael in Hebrew, Daulat Israil in Arabic) is a country in the Middle East on the eastern edge of the Mediterranean Sea.i government approached the United States in August 19851985 is a common year starting on Tuesday. Events January events January 1 Creation of the Internet's Domain Name System. January 17 British Telecom annouces they are going to abolish the famous red telephone boxes. January 23 A debate in the House of Lor with a proposal to act as an intermediary by shipping 508 American-made TOW anti-tank missiles to Iran in exchange for the release of the Reverend Benjamin Weir, an American hostage being held by Iranian sympathizers in Lebanon, with the understanding that the United States would then ship replacement missiles to Israel. Robert McFarlaneRobert Carl "Bud" McFarlane (born 1937), was a U. Marine Corps officer assigned to the post of United States National Security Advisor in 1983, ceasing to hold it in 1985. He became notable as a figure in the Iran-Contra Affair. He later co-founded and se, the Assistant to the President for National Security Affairs, approached United States Secretary of DefenseThe United States Secretary of Defense is the head of the United States Department of Defense concerned with the armed services and military matters. The Secretary is a member of the President's Cabinet. This position was created in 1947, when the Navy, A Caspar Weinberger and arranged the details. The transfer took place over the next two months.

In November, there was another round of negotiations, where the Israelis proposed to ship Iran 500 HAWK anti-aircraft missiles in exchange for the release of all remaining American hostages being held in Lebanon. General Colin Powell attempted to procure the missiles, but realized that the deal would require Congressional notification as its overall value exceeded $14 million. McFarlane responded that the President had decided to conduct the sale anyway. Israel sent an initial shipment of 18 missiles to Iran in late November, but the Iranians didn't approve of the missiles, and further shipments were halted. Negotiations continued with the Israelis and Iranians over the next few months.

In January of 1986, Reagan allegedly approved a plan whereby an American intermediary, rather than Israel, would sell arms to Iran in exchange for the release of the hostages, with profits funnelled to the Contras. At first, the Iranians had refused the weapons from Ghorbanifar, the Iranian intermediary, when both North and Ghorbanifar created a 370% markup (WALSH, Lawrence E. "Firewall"). Another intermediary was used to sell 500 TOW missiles. With the marked-up income of $10 million from the $3.7 million before, and the Iranians capturing new hostages when they released old ones, was the end of the arms-for-hostages deal. In February, 1,000 TOW missiles were shipped to Iran. From May to November, there were additional shipments of miscellaneous weapons and parts.





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