CIAO DATE: 08/2014
June 2014
“Easing US Sanctions on Iran,” by Kenneth Katzman of the Congressional Research Service, examines actions the United States could take to wind down sanctions imposed on the Islamic Republic beginning with the 1979 revolution and ratcheted up over the past decade as a means to deter the development of Iran’s nuclear program.
Among the possible steps outlined in the piece, Katzman highlights a key piece of legislation, the Iran Sanctions Act, set to expire as scheduled at the end of 2016. Katzman notes that allowing this act to sunset “would reopen Iran’s energy sector to unimpeded foreign investment and would enable Iran to begin expanding oil and gas production again after many years of stagnation.”
Resource link: Easing US and EU Sanctions on Iran [PDF] - 266K