It banned U.S. economic, and military assistance, and export credits to countries that deliver or receive, acquire or transfer nuclear enrichment technology when they do not comply with IAEA regulations and inspections.
Chapter 3 of part III of the Foreign Assistance Act of 1961 is amended by adding at the end thereof the following new section: SEC.
(b)(1) Not withstanding the provisions of subsection (a) of this section, the President may, by Executive order effective not less than 30 days following its date of promulgation, furnish assistance which would otherwise be prohibited under paragraph (1), (2), or (3) of such subsection if he determines and certifies in writing to the Speaker of the House of Representatives and the Committee on Foreign Relations of the Senate that— (A) the termination of such assistance would have a serious adverse effect on vital United States interests; and (B) he has received reliable assurances that the country in question will not acquire or develop nuclear weapons or assist other nations in doing so.
(B) Any joint resolution under this paragraph shall be considered in the Senate in accordance with the provisions of section 601(b) of the International Security Assistance and Arms Export Control Act of 1976.
Critics of U.S. foreign and defense policy in the post-WWII era have argued that the American government has violated the law by refusing to impose sanctions on its allies Israel, India and Pakistan over those countries declared (or in Israel's case, never officially confirmed) nuclear programs.