On Thursday, the House and Senate adopted the final conference report on H.R. 2194, the Comprehensive Iran Sanctions, Accountability, and Divestment Act. Business groups, including the NAM, had raised concerns that earlier forms of the bill would be too indiscriminate in its scope.
The Hill includes NAM reaction in an article, “GOP presses Obama to implement sanctions without broad waivers“:
“I think this bill is a lot better than when it started. It’s not perfect,” said Catherine Robinson, director of high-tech trade policy for the National Association of Manufacturers. “Congress can meet their goal of putting effective sanctions on the Iranian regime without hindering U.S. trade unrelated to Iran too much. Is it everything we asked for? No.”
Robinson notes that the final bill gives the president “a menu of options” allowing the President to identify the most effective, targeted sanctions — a recognition of the Executive Branch’s role in conducting foreign policy.
As long as the White House uses the new law, Robinson believes the president will have an easier time granting waivers and will face little pushback from Congress.
“If this new Iran sanctions law is used more by this administration than previous ones, that will give the president more credibility with the Hill to exercise discretion as authorized by the legislation,” Robinson said.
On March 30, major business and trade groups sent a letter to Speaker Pelosi detailing concerns with the legislation as it was then drafted.
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