U.S. Officials: Primary Sanctions on Iran to Stay

(CNN) Nicole Gaouette - Administration officials told skeptical lawmakers Wednesday that they'll continue to sanction Tehran for its missile tests, support for terrorism and human rights violations. "Iran's continued conventional weapons proliferation and its efforts to develop increasingly capable ballistic missile systems remain among our most important nonproliferation challenges, and pose very real threats to regional and international security," said Thomas Countryman, the State Department's Assistant Secretary for International Security and Nonproliferation. "We have no intention of reducing our focus on Iran's other programs, even as we continue with the implementation of the JCPOA [the Iran deal]." Adam Szubin, acting Treasury Undersecretary for Terrorism and Financial Intelligence, said the primary U.S. embargo on Iran remains in place. "That means we will continue to prohibit U.S. persons from investing in Iran, importing or exporting to Iran most goods or services, or otherwise engaging in commercial or financial dealings with most Iranian persons or companies. Iran will also continue to be denied access to U.S. markets." He said sanctions remain on more than 200 Iranian firms.

2016-05-26 00:00:00

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