Wednesday, August 19, 2015
U.S. Senators Mark Kirk and Marco Rubio: Obama administration hiding secret Iran deal letters
“The documents submitted by the Administration to Congress include non-public letters that you sent to the French, British, German, and Chinese governments on the consequences of sanctions snap-back.
“These letters appear to reassure these foreign governments that their companies may not be impacted if sanctions are re-imposed in response to Iranian violations of the agreement.
“While Administration officials have claimed that this is not the case, we think it is important for the American public to be able to read your assurances to foreign governments for themselves as their elected representatives review this deal in the coming weeks.
“We therefore request the Administration to publicly release these letters, which are not classified, so that the full extent of the Administration’s non-public assurances to European and Chinese governments can be discussed openly by Congress and analyzed by impartial outside experts.
“Given the conflicting interpretations hinted at by the deal’s various stakeholders, it would also ease congressional review of the deal if you were to receive assurances from the other members of the P5+1 about the guidance they will provide to companies about the inherent risks of investing in Iran due to Iran’s ongoing support for terrorism and use of its financial system for illicit activities and the potential for sanctions to snap back if Iran violates the nuclear agreement.
“The conditions under which foreign investment in Iran would proceed under the nuclear agreement remain unclear.
“On July 23, 2015, Secretary of the Treasury Jack Lew told the Senate Foreign Relations Committee that companies that have invested in Iran would ‘not be able to continue doing things that are in violation of the sanctions’ if sanctions snap back.
“Foreign investment in Iran will involve long-term contracts in many cases, however, and some interpretations of the Iran agreement indicate these contracts might be protected from the snap-back of sanctions by a so-called ‘grandfather clause,’” Kirk and Rubio wrote in a letter to the U.S. State Department.
Posted by High Plains Pundit