Sanctions are an essential element of Washington’s Iran policy and are likely to remain a mainstay of the US foreign policy arsenal. But recent successes on the Iran front have led many to wrongly conclude that when it comes to sanctions, more is better. It’s this belief that underpins the recent effort by Congress to pass the Iran Terror Transparency Act. This bill would make it virtually impossible for some sanctions to be lifted as agreed under the JPCOA, by creating an impossible standard for the president to meet before removing certain financial institutions from sanctions lists. (Obama has said he will veto the legislation if it reaches his desk.)
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