Wednesday 16 November 2016

House Votes to Extend Iran Sanctions in Bid to Ensure Nuclear Compliance

The House of Representatives voted overwhelmingly on Tuesday for legislation to extend American sanctions on Iran for 10 years, a move that proponents called critical economic leverage to ensure Iranian compliance with an international nuclear agreement.

The legislation, known as the Iran Sanctions Extension Act, needs Senate approval and President Obama’s signature before the end of the year, when American sanctions are set to expire.

Under the nuclear agreement, which took effect in January, between Iran and six world powers including the United States, many economic sanctions were suspended or relaxed in exchange for Iran’s verifiable pledges of peaceful nuclear work. But the deal also contained a “snapback” provision that would allow for the reimposition of sanctions if Iran were found to have violated the terms.

The legislation approved by the House on Tuesday would also extend longstanding American sanctions against Iran that predate the dispute over that country’s nuclear activities.

Iran has increasingly complained about these non-nuclear sanctions, particularly the prohibition on Iranian access to the American financial system and use of the dollar. The Iranians say such restrictions have discouraged many foreign companies from investing in Iran, subverting the economic rewards it expected from the nuclear agreement.

Republicans and many Democrats opposed the agreement, asserting that Iran was untrustworthy and had gained too many concessions during the negotiations.

President-elect Donald J. Trump said during his campaign that he would renegotiate the accord or renounce it. In a March speech to the American Israel Public Affairs Committee, the most powerful pro-Israel lobby group in Washington, he said his top priority was to “dismantle the disastrous deal with Iran.”

Whether he will follow through on that pledge remains unclear. The other countries that agreed to the deal with Iran — Britain, China, France, Germany and Russia — have said they intend to honor it. President François Hollande of France said on Tuesday that he did not believe Mr. Trump would scrap the agreement, telling the France 24 television channel that the “absence of an accord would be very serious.”

Iranian leaders, reacting to Mr. Trump’s victory, have also asserted that he will not be able to undo the agreement. President Hassan Rouhani of Iran told his cabinet ministers the day after the American election that the agreement “cannot be overturned by one government’s decision,” according to the official Islamic Republic News Agency.

On Monday, 76 national security experts, including former officials of Republican and Democratic administrations, exhorted Mr. Trump not only to accept the nuclear agreement but to use it as a way to ease tensions with Iran on other longstanding problems.


© copyright 2004 - 2021 All Rights Reserved

Cookies on IranPressNews website
We use cookies to ensure that we give you the best experience on our website. This includes cookies from Google and third party social media websites if you visit a page which contains embedded content from social media. Such third party cookies may track your use of our website. We and our partners also use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on our website. However, you can change your cookie settings at any time.