Finally, a Good New Snap-Back Plan on Iran
by Peter Huessy • June 13, 2020 at 10:45 am
The RSC plan also advocates that Congress impose further new sanctions on "Iran's petrochemical, shipping, financial, construction and automotive sectors." Legislation would also target "Iran's human rights violations and regional aggression, including in Iraq, Syria, Lebanon and Yemen. And it suggests sanctioning the Instrument in Support of Trade Exchanges (INSTEX), a European mechanism that the United States has criticized as a way to evade US sanctions on Iran."
In an unprecedented but welcome manner, the RSC bill would for the first time place "new sanctions on the arms industries of countries like Russia and China that return to selling weapons to Iran, the banks facilitating any sale of weapons to Iran, and the companies shipping weapons."
Diplomacy will not stop Iran. Real pressure will.
With the new RSC strategy, the US and its allies have a real shot at taking down the regime in Iran. That would indeed signal the success of economic "maximum pressure."
The Republican Study Committee (RSC) in the House of Representatives, proposed on June 10, 2020, an unprecedentedly strong new Iran policy. The package of proposed legislation would end all Iranian waivers, snap-back economic sanctions in place prior to the Iran nuclear deal, and set severe economic penalties on those seeking to sell advanced weaponry to Iran.
The new GOP plan also advocates that Congress impose further new sanctions on "Iran's petrochemical, shipping, financial, construction and automotive sectors." Legislation would also target "Iran's human rights violations and regional aggression, including in Iraq, Syria, Lebanon and Yemen. And it suggests sanctioning the Instrument in Support of Trade Exchanges (INSTEX), a European mechanism that the United States has criticized as a way to evade US sanctions on Iran."
