U.S. Senate committee passes bill to impose new sanctions on Iran

Published 05/25/2017, 11:23 AM
Updated 05/25/2017, 11:30 AM
U.S. Senate committee passes bill to impose new sanctions on Iran

WASHINGTON (Reuters) - The U.S. Senate Foreign Relations Committee backed legislation on Thursday that would impose new sanctions on Iran over its ballistic missile development, support for Islamist militant groups, weapons transfers and human rights violations.

The vote was 18-3 in favor of the legislation, paving the way for its consideration by the full Senate.

Lawmakers who backed the bill said they do not believe that its passage, which would require support by the House of Representatives and President Donald Trump to become law, would violate terms of the international nuclear agreement with Iran reached in 2015.

Both Republicans and Democrats have been clamoring for a response to Iran's ballistic missiles development and other activities.

But the foreign relations committee waited to take up the bill until after Iran's election on Friday, when President Hassan Rouhani was re-elected with 57 percent of the vote.

Rouhani broke the taboo of holding direct talks with the United States and reached the deal to curb Iran's nuclear program in return for relief from economic sanctions.

Trump has criticized the nuclear deal, which was opposed by every Republican in Congress and several Democrats. But he has so far not moved to pull the United States out. Instead, his administration has said it would closely police Iran's compliance with the bill and review it, with an eye toward possibly modifying it to make it stronger.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.