U.S. efforts to tighten sanctions on Iran
U.S. efforts to tighten sanctions on Iran
Posted 26/07/2012 11:20 AM
WASHINGTON (Reuters) –
U.S. lawmakers try to pass Congress before the recess that begins next week and continue for five weeks, a package of new sanctions on Iran, targeting its oil revenues.
The leader of the majority in the Senate, Senator Harry Reid Wednesday that he expected to be completed negotiations soon so that the Congress of tougher sanctions on Tehran, he said, adding it was “an effective way to help stop Iran’s nuclear weapons program and to ensure the security of our ally Israel.”
Iranian bank
The aim of the sanctions that are being prepared for more than seven months to tighten restrictions on dealings with oil companies and national companies, crude carriers disable the ability of Iran and Iran’s banks to transfer funds electronically.
And add new sanctions to severe sanctions and signed by President Obama and became law on December 31 / December, targeting banks that deal with the Islamic Republic as well as actions contributed to the reduction of sales of Iranian oil.
The House of Representatives controlled by Republicans, has passed its version of the new sanctions in December / January, while the Senate passed its version in May / May, and since then seeks lawmakers Key and apprentices to settle differences between the two bills and to bridge the gaps on the transfer of funds and insurance oil shipments.
Source: altahreernews
