Obama Admin Secretly Guarantees Russia, China Sanctions Protection

Just remember that were warned a few times already that under the ‘nuclear deal’, America now has an obligation to defend and protect Iran. If you haven’t figured it out yet, it should now be quite clear what side America under the Obama administration has taken.

 

Will allow foreign companies to do business in Iran with no penalty

The United States has provided secret assurances to Europe, China, and Russia that it will protect companies working with Iran from consequences related to the possible reimposition of sanctions set to be lifted under the recently inked nuclear deal, according to a document provided to Congress and obtained exclusively by the Washington Free Beacon.

Secretary of State John Kerry admitted to Sen. Marco Rubio (R., Fla.) that the United States will work with foreign companies who financially engage Iran to shield them from penalties in the aftermath of Iran violating the agreement, a decision experts told the Free Beacon risked a corporate rush into Iran that will permanently bolster the Iranian economy and incentivize Iranian cheating.

Kerry acknowledged that the Obama administration had provided confidential guarantees that Washington “would not retroactively sanction companies” who helped bolster the Iranian economy and that the United States would work with those companies to bring their future activity in Iran into compliance with any new U.S. sanctions.

“For companies that have contracts that would otherwise continue after snapback, we have a consistent past practice of working with companies to wind down their contracts,” he wrote in the on the record statement.

The statements were in response to a congressional inquiry about a provision in the Joint Comprehensive Plan of Action (JCPOA), dubbed a “grandfather clause,” that would provide contract sanctity to corporations doing business in Iran. While the administration has denied that any such provision exists, Kerry admitted to Rubio that it would be provided on a case-by-case basis.

Full article: Obama Admin Secretly Guarantees Russia, China Sanctions Protection (Washington Free Beacon)

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