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Tuesday, October 30, 2018

US under pressure to tighten sanctions regime against Iran!


  • Conservative lawmakers and outside advisers have become worried that the administration may break a promise to exert "maximum pressure" on Iran.
A battle is brewing between the Trump administration and some of the president's biggest supporters in Congress who are concerned that sanctions to be re-imposed on Iran early next month won't be tough enough.

As President Donald Trump prepares to re-impose a second batch of Iran sanctions that had been eased under the 2015 nuclear deal, conservative lawmakers and outside advisers have become worried that the administration may break a promise to exert "maximum pressure" on Iran.

They are angered by suggestions that steps to be announced November 5 won't include a provision cutting Iran off from a key component of the global financial system.The self-described Iran hawks are concerned enough that they have drafted legislation that would require the administration to demand that Iran be suspended from the international bank transfer system known as SWIFT.

"The president asked for maximum pressure, not semi-maximum pressure," said Richard Goldberg, a former aide to a Republican senator and senior adviser to the Foundation for the Defence of Democracies, a group that supports punishing Iran with sanctions. "Maximum pressure includes disconnecting Iranian banks from SWIFT."

Trump pledged on Thursday to do whatever it takes to pressure Iran to halt what he refers to as its "malign conduct" such as nuclear and missile development and support for terrorism and groups that destabilise the Middle East.

"On November 5th, all US sanctions against Iran lifted by the nuclear deal will be back in full force," he told a gathering at the White House to commemorate the 35th anniversary of the 1983 attack on the Marine Corps barracks in Beirut, Lebanon, which is blamed on Iranian-backed extremists.

"And they will be followed up with even more sanctions to address the full range of Iran's malign conduct. We will not allow the world's leading sponsor of terror to develop the world's deadliest weapons. Will not happen."

The November 5 sanctions cover Iran's banking and energy sectors and will reinstate penalties for countries and companies in Europe, Asia and elsewhere that do not halt Iranian oil imports. They could also include measures to force Iran out of SWIFT.

Despite Trump's tough stance, the hawks are worried about recent comments from Treasury Secretary Stephen Mnuchin that suggest Iran will be able to stay connected to SWIFT.

They are also concerned the administration will back down on its stated zero-tolerance policy for Iranian oil purchases.

Iran deal supporters, like the other parties to the agreement, argue that pushing Iran out of SWIFT, the Belgium-based Society for Worldwide Interbank Financial Telecommunication, will lead to the creation of alternate mechanisms that could supplant it as the leading global institution for financial institutions.

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