USA*Engage and NFTC Statement on Interim Agreement with Iran

Monday, 25 November 2013
Washington, DC – The National Foreign Trade Council (NFTC) and USA*Engage released the following statement on the interim agreement negotiated between the P5+1 and the Islamic Republic of Iran.

“USA*Engage and the NFTC support the interim agreement negotiated between the P5+1 and the Islamic Republic of Iran in Geneva. As the text makes clear, it is essentially an agreement to negotiate under the discipline that nothing is decided until everything is decided. As the interim agreement also specifies, the veritable financial blockade of Iran’s economy remains structurally intact,” said Bill Reinsch, President of the NFTC. “We urge Members of Congress to permit the Administration the means to pursue a comprehensive solution with Iran.”

“USA*Engage notes the targeted, contingent nature of sanctions relief contained in the interim agreement. In particular, we welcome the explicit commitment to establish a financial channel for fully lawful humanitarian trade in food, agricultural products, medicine and medical devices, as well as medical expenses incurred abroad. We trust the U.S. Treasury will implement this measure unambiguously and with dispatch. We note that all Congressionally legislated sanctions have included exceptions for such trade as settled U.S. policy,” said Richard Sawaya, Director of USA*Engage.

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