politics to go: jeff dunetz

U.S. is planning even more concessions to Iran

Posted

The Associated Press reports that there’s a secret Obama administration plan to provide Iran with another wave of sanctions relief — above and beyond what’s required by the P5+1 nuclear deal.

This new Administration surrender, prompted by Iranian threats to pull out of the deal if they don’t get the extra “gift” — goes way beyond the nuclear-related Iran sanctions relief granted as part of last summer’s deal, and breaks promises made to members of Congress Iran would not get access to U.S. financial markets and the dollar.

The Administration’s new capitulation follows months of Iranian missile launches, the abducting American civilians and sailors, escalating their threats to eradicate Israel, their bolstering of Assad, etc. AP quotes Mark Dubowitz, executive director at the Foundation for Defense of Democracies:

“Dubowitz … said the Administration’s currency argument was “a bait and switch which ignores a long-standing Administration commitment not to greenlight Iran’s access to the greenback. … This is above and beyond what is required by the nuclear deal,” he argued.

Indeed, during the congressional nuclear-deal hearings last summer, the Administration promised not to let Iran “dollarize.” Treasury Secretary Jacob Lew was adamant about it. He told Senate Foreign Relations Committee, “Iranian banks will not be able to clear U.S. dollars through New York.”

Page 1 / 4