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Monday, March 16, 2015

Breaking Up Sanctions Is Hard to Do

http://foreignpolicy.com/2015/03/13/breaking-up-sanctions-is-hard-to-do-iran-nuclear-united-nations/

Breaking Up Sanctions Is Hard to Do

A historic nuclear deal with Iran is in sight, but unraveling the web of financial embargoes, asset freezes, and restricted oil sales won’t be easy.
The Obama administration is moving closer to a landmark deal with Tehran that would impose new restrictions on Iran’s nuclear program in exchange for loosening the punishing international sanctions that have brought the country’s economy to its knees. But if a deal is struck — which is far from guaranteed — dismantling the U.S. restrictions against Iran that have been layered on by successive presidential decrees and congressional directives is not going to happen overnight. The Treasury Department website lists 26 executive orders related to Iran sanctions, dating back to President Jimmy Carter’s original command to freeze the assets of the Iranian government in the United States during the embassy hostage crisis in 1979. There are also 10 statutes, four United Nations Security Council resolutions, and tens of European Union regulations and amendments to implement the U.N.’s sanctions.
“I wouldn’t buy into the spin that we’re almost there,” said David Albright, a nuclear physicist and founder and president of the Institute for Science and International Security, who has been in contact with U.S. negotiators. “On sanctions, they are pretty stuck.”http://foreignpolicy.com/2015/03/13/breaking-up-sanctions-is-hard-to-do-iran-nuclear-united-nations/

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