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(AP/Washington Post) Ken Guggenheim - As Iran appears to move closer to resuming nuclear activities, support has been quietly building in Congress for new U.S. sanctions, including penalties that could affect multinational companies and foreign aid recipients. More than 200 members of the House of Representatives have co-sponsored a bill that would tighten and codify existing sanctions, bar subsidiaries of U.S. companies from doing business in Iran, and cut foreign aid to countries that have businesses investing in Iran. The American Israel Public Affairs Committee, which holds its annual meeting in Washington this month, has made the bill a high priority. "It will certainly, along with other things, be part of the agenda when thousands of members of AIPAC go to Capitol Hill" to lobby Congress, said Josh Block, a spokesman for the pro-Israel group. 2005-05-17 00:00:00Full Article
Support for U.S. Sanctions for Iran Grows
(AP/Washington Post) Ken Guggenheim - As Iran appears to move closer to resuming nuclear activities, support has been quietly building in Congress for new U.S. sanctions, including penalties that could affect multinational companies and foreign aid recipients. More than 200 members of the House of Representatives have co-sponsored a bill that would tighten and codify existing sanctions, bar subsidiaries of U.S. companies from doing business in Iran, and cut foreign aid to countries that have businesses investing in Iran. The American Israel Public Affairs Committee, which holds its annual meeting in Washington this month, has made the bill a high priority. "It will certainly, along with other things, be part of the agenda when thousands of members of AIPAC go to Capitol Hill" to lobby Congress, said Josh Block, a spokesman for the pro-Israel group. 2005-05-17 00:00:00Full Article
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