Connect With PPD
Follow Us:
Sections: Politics

Report: Key Sanctions Provision in Iran Deal Illegal, Violates Existing Federal Law

Officials Conclude Sanctions Relief Violates Existing Federal Law Signed by Obama, Himself

Iranians burn the American and Israeli flags following the announcement of the negotiated nuclear agreement in Tehran. (Photo: Hamed Malekpour)

A key provision in the Iran deal negotiated by the Obama administration and the regime in Tehran violates existing federal law, according to a new report. U.S. officials have concluded a provision regarding billions of dollars in sanctions relief, according to State Department correspondent James Rosen at Fox News, cannot be implemented without conflicting with and violating existing federal statutes passed by Congress and signed by the White House.

Of course, the president alone, irregardless of a treaty, does not have the power to supersede legislation and law, though it is unclear what impact there may be on the Senate-GOP’s capitulation over procedural rules for approving the Iran nuclear agreement.

In the Joint Comprehensive Plan of Action, or JCPOA, specifically, Section 5.1.2 of Annex II, says the U.S. “shall…license non-U.S. entities that are owned or controlled by a U.S. person to engage in activities with Iran that are consistent with this JCPOA.” In other words, foreign subsidiaries of U.S. parent companies under certain circumstances will be permitted to conduct business with Iran. However, the Iran Threat Reduction and Syria Human Rights Act (ITRA), which was actually signed into law by President Obama, himself, in August 2012, explicitly closes what is known as the “foreign sub” loophole.

And that’s not all.

Read Full Article

READ FULL STORY

SubscribeSign In
Laura Lee Baris

Laura Lee Baris is the Assistant Editor at People's Pundit Daily (PPD) and the Producer of "Inside the Numbers" with the People's Pundit. Laura covers politics, entertainment, culture and women's issues. She is also married to the People's Pundit, Richard D. Baris, and a mother to their two beautiful children.

Share
Published by
Laura Lee Baris

Recent Posts

Media’s Worst Russian Collusion Sins May Soon Be Repeated

The most damning journalistic sin committed by the media during the era of Russia collusion…

10 months ago

Study: Mask-Mandates and Use Not Associated With Lower Covid-19 Case Growth

The first ecological study finds mask mandates were not effective at slowing the spread of…

3 years ago

Barnes and Baris on Big Tech’s Arbitrary Social Media Bans

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…

3 years ago

Barnes and Baris on Why America First Stands With Israel

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…

3 years ago

Personal Income Fell Significantly in February, Consumer Spending Weaker than Expected

Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…

3 years ago

Study: Infection, Vaccination Protects Against Covid-19 Variants

Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…

3 years ago

This website uses cookies.