Obama Signs New Iran Sanctions
President Obama has approved of a new set of sanctions on Iran:
President Barack Obama signed a new sanctions bill against Iran aimed at “striking at the heart” of that country’s ability to develop nuclear weapons. It’s a move the President says he did not seek, but one the Iranian government brought on themselves.
“Since taking office, I have made it clear that the United States was prepared to begin a new chapter of engagement with the Islamic Republic of Iran. We offered the Iranian government a clear choice. It could fulfill its international obligations and realize greater security, deeper economic and political integration with the world, and a better future for all Iranians. Or, it could continue to flout its responsibilities and face even more pressure and isolation,” he said, “To date, Iran has chosen the path of defiance.”
Because of those choices, Mr. Obama says the United States and the international community will continue to increase their efforts to keep nuclear weapons out of the hands of Tehran. The new sanctions passed by Congress, entitled the ” Comprehensive Iran Sanctions, Accountability, and Divestment Act” limit fuel imports and the ability of foreign banks to do business with the Islamic Republic.
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