(Foundation for Defense of Democracies) Mark Dubowitz and Annie Fixler - During the 18-month period starting in late 2013, interim sanctions relief enabled Iran to move from a severe recession to a modest recovery. During that time, the Islamic Republic received $11.9 billion through the release of its restricted assets. Under the Joint Comprehensive Plan of Action (JCPOA), Iran has received access to an additional $100 billion in previously frozen foreign assets. If Tehran wants to encourage foreign investment and alleviate international banks' concerns, it needs to end its support for terrorism, missile development, and destabilizing regional activities, and to reduce the economic power of the Revolutionary Guards and the supreme leader's business empire.
2016-06-16 00:00:00Full ArticleBACK Visit the Daily Alert Archive