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Key Lawmaker Seeks More Congressional Pressure on Iran

[VOA News] Dan Robinson - Congressman Tom Lantos, head of the Foreign Affairs Committee, is proposing legislation to step up economic pressure on Iran over its nuclear ambitions by increasing financial costs to the Iranian government of continuing uranium enrichment. The Iran Counter-Proliferation Act of 2007 would target foreign companies investing in Iran's energy sector. "If Dutch Shell moves forward with its proposed $10-billion deal with Iran, it will be sanctioned," said Lantos. "If Malaysia moves forward with a similar deal, it too will be sanctioned. The same treatment will be accorded to China and India should they finalize deals with Iran." Lantos' measure would prohibit the U.S. from signing nuclear cooperation accords with countries aiding Iran's nuclear program, re-impose import sanctions on Iranian exports to the U.S., and declare Iran's Revolutionary Guard and Qods Force to be terrorist groups.
2007-03-07 01:00:00
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