We applaud U.S. lawmakers for passing new sanctions measures, and applaud President Obama for signing them into law. By increasing the scope of sanctions to cover increasingly broader areas of the Iranian economy, the U.S. has moved closer to imposing an economic blockade on Iran.
We reiterate our call for U.S. lawmakers to pursue a complete economic blockade of the Iranian regime, with the only exception being a humanitarian one. An incremental approach to sanctions in 2013 will be ineffective in addressing the challenge presented by the regime’s continued pursuit of nuclear weapons. At this critical juncture, the international community must take decisive action. Any business, firm, or entity that does work in Iran should be barred from receiving U.S. government contracts, accessing U.S. capital markets, entering into commercial partnerships with U.S. entities, or otherwise doing business in the U.S. or with U.S. entities.
UANI has long called for a full economic blockade on Iran, to force companies to choose between doing business in Iran, or doing business in the U.S. In May 2012 testimony to the U.S. House Foreign Affairs Committee, Ambassador Wallace stated that: “The time for half-measures and exceptions is over. We must commit ourselves to imposing a complete economic blockade.”
Click here to view UANI model legislation: The Economic Blockade of Iran Act.
Click here to read Ambassador Wallace’s July 26, 2012 Op-Ed calling for “imposing a complete economic blockade of Iran.”
Click here to read Ambassador Wallace’s December 13, 2012 Op-Ed, “Time for an Economic Blockade on Iran.”