Sanctions regime would collapse if Cong 'kills' Iran deal: WH

Published on: 

The sanctions regime against Iran would collapse if the Republican-majority Congress were to “kill” the historic nuclear deal with the Islamic Republic, as countries such as India, Japan and South Korea would no longer support any such move, the White House has warned. “The sanctions regime would collapse if Congress were to kill this deal. What that means is that the international leverage that we have previously used to reach this agreement would vanish,” White House Press secretary Josh Earnest said.

“The key to the success of this latest round of sanctions has been the aggressive enforcement of countries around the world, including countries that aren’t even a party to this particular agreement — countries like India, Japan, South Korea, and others that previously relied heavily on the importation of Iranian oil — and by scaling back their oil purchases that had a negative impact on Iran’s economy but also had a negative impact on the domestic economy of those individual countries,” he said.         

Daily Pioneer
dailypioneer.com