UANI Applauds the U.S. House of Representatives for Passing the Iran Refined Petroleum Sanctions Act, Urges Senate and President Obama to Act Quickly

 
UANI Applauds the U.S. House of Representatives for Passing the Iran Refined Petroleum Sanctions Act, Urges Senate and President Obama to Act Quickly

New York, NY - "UANI applauds the U.S. House of Representatives for its passage today of the Iran Refined Petroleum Sanctions Act.  IRPSA targets Iran's most vulnerable industry, and closes loopholes in the current Iran Sanctions Act that prevent those sanctions from achieving their intended effects. 

"The inclusion of the amendment in IRPSA on which UANI worked closely with Representatives Klein and Mica will affect the cost-benefit analysis of the Iranian regime as well as that of multinational companies that insist on operating in both the U.S. and Iran, by requiring them to choose between doing business with Iran and with the United States. 

"UANI urges the Senate to move quickly to pass its own sanctions legislation in order to have a bill on President Obama's desk by the end of the year.  Iran has made clear the intentions of its nuclear program, and a secret memo reveals that it is working on overcoming the final technological hurdles to weaponization. 

"This holiday season we must be careful not to give Iran what is at the top of its wish list and what it needs most to achieve its nuclear ambitions - the gift of time."  - UANI President, Ambassador Mark D. Wallace