Senate Committee Working to Order Further Iran Sanctions
The Senate Foreign Relations Committee is crafting bipartisan legislation to extend the Iran Sanctions Act in response to Tehran's launch of several ballistic missiles, according to a committee press release (here). “Recent events in Iran underscore the need for a…
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statutory framework to respond to Iran’s ballistic missile tests,” Ranking Member Ben Cardin, D-Md., said in a statement. “Responding to Iran’s provocations is consistent with our JCPOA obligations.” The sanctions would target financial institutions and will continue to apply to people who provide Iran with “specified weapons,” dual-use goods, and related technologies. “Iran remains a bipartisan concern and we are committed to taking action to ensure that Iran does not become a threshold nuclear weapons state,” said Cardin and committee Chairman Bob Corker, R-Tenn. Cardin also highlighted S. 2119, the Iran Policy Oversight Act, he introduced on Oct. 1, which would help to prevent Iran from becoming a nuclear-weapon state, to strengthen U.S. “resolve” against Tehran’s ballistic missile program, and “other nefarious actions,” he said.