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CSPAN3 Politics And Public Policy Today June 22, 2024

Risks depends on how the rest of the International Community perceive risks in the wake of an iran deal that actively encourages business with iran. How effective will it be to highlight the role of the ircg after its been removed from the sanctions list . Major International Banks will be slow to move back into the Iranian Market but nonu. S. Companies are likely to trip over one another in a rush to reenter the potential market which is described in europe as eldoor rad dough and potential bonanza. Under iran deal we lose the balance of unilateralal and multilateral sanctions. Under the deal, u. N. And eu sanctions largely disappear and what remains are just u. S. Sanctions. To be sure u. S. Secondary sanctions on illicit conduct remain in place and would impact behavior of european and other foreign bank ....

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CSPAN Key Capitol Hill Hearings June 22, 2024

2005. Irans isolation has increased over time, and there has been increasing risk aversion to doing business with iran because of the conduct it takes place in. The responsible private sector actors will not rush and immediately, waiting to understand how the sanctions will unwind, and whether or not iran will adhere to the deal. The risks are real, and will increase these risks willk keep legitimate actors away for some time. The private sector will watch and listen to you and to congress which can affect the Global Environment and the reach of our financial power. There are three critical Principles Congress should assure it was clarity in execution of the deal, it should ensure the u. S. Maintains as much financial and economic power is possible, congress should mitigate the risks to an emboldened regime in tehran. These could create a new strategy. The u. S. Shou ....

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CSPAN Key Capitol Hill Hearings June 22, 2024

Three days. So it could be 24 days or as short as 13 days. Would it be permissible to address the snap back aspect . At the discretion of the chairman. Youre next. I will take my time and ask quickly to respond to the question. Thank you. I just wanted to speak to one of the premises behind your question. First, i absolutely agree that the more likely scenario we see is small breach is a testing, sticking a toe across the line. And what we need to do then is hit iran in a proportionate way show them that has consequences. Otherwise were asking for larger breaches. And we have to be very serious about that. We have been very clear with our partners we will be serious about that. But there is a premise that ive heard circulating that after the initial sanctions relief iran can somehow immunize itself to further pressure. Therefore it wont care about snap back. That is simply not the case. Irans foreign reserves cant be put in a vault or a mattress in iran in the form of gold or bills. Th ....

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CSPAN2 Key Capitol Hill Hearings June 22, 2024

In any meaningful way and they are only affect their in an equally aggressive in force. Because u. S. Officials suffers from a trust deficit whether this is observed or not in the fact is that positions listed clear within the deal you can easily be read as prohibiting each and every one of them. To make their positions public not only undermines utility, and makes people question whether the administrations intention is to act on positions moving forward are Critical Issues under the iran deal appeared a few weeks ago the Financial Action task force issued its Public Statement identified in iran with strategic deficiencies which poses risk to the International Financial system. Iran presents ongoing and substantial moneylaundering that the committee m ....

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CSPAN3 Politics And Public Policy Today June 22, 2024

Secondary sanctions on foreign entities doing businesses with entities remain listed with terrorism and human rights issues. The problem is the laudable positions have not been made public and they are only effective if they are aggressively publicized and equally enforced. The fact is as u. S. Officials will concede in private conversations that the administration suffers from a trust deficit. Whether one believes this is deserved or not. It is there. And the fact is that not only are none of the positions listed just listed clear within the deal, the deal could easily be read as prohibiting each and every one of them. Failing to make these positions public not only undermines the utility, it makes people question whether the administrations intention is to act on those positions moving forward. Those are Critical Issues not open to interpretation under the iran deal. The task force issued the last statement identifying iran wit ....

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