Iran Lures Investors Seeing Nuclear Deal Ending Sanctions

Many U.S. laws restricting trade with Iran predate concerns about Iran’s nuclear program and are related to Iran’s alleged sponsorship of terrorism and human rights abuses. Anti-Iran hawks in Congress may seek to keep restrictions in place—and lifting all U.S. sanctions is not under discussion, Smith says.

 

Mark Dubowitz, executive director of the Washington-based Foundation for Defense of Democracies, which advocates that Washington take a hard line on Iran, says he’s against allowing Iranian banks to participate in global finance too quickly, on grounds they have funded terrorism and laundered money.

 

“These are bad banks,” he says. “These banks should have to go through a long rehabilitation process where they demonstrate they are no longer a threat.”

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