AJC Applauds Senate Approval of New U.S. Sanctions on Iran

December 1, 2012 – New York -- AJC applauded the U.S. Senate for passing Friday, by a vote of 94-0, a package of new sanctions against Iran. The measure, co-authored by Senators Robert Menendez, Mark Kirk and Joseph Lieberman, builds on existing sanctions and targets specifically Iran's energy, port, shipping and ship-building sectors.

“No facet of Iran’s economy will be exempt from U.S. sanctions after this new Senate initiative is finalized and signed into law,” said AJC Executive Director David Harris. “Iran’s quest for nuclear-weapons capability is still the number one threat to regional and global security. By ignoring the international community’s demands to stop enriching uranium, Iran invites more punishing measures.”

The new sanctions are included in an amendment to pending Defense Department authorization legislation. AJC is urging the House and Senate to move expeditiously to reconcile their bills, so that President Obama can sign into law the new sanctions.

The Senate package designates Iran’s energy, port, shipping, and ship-building sectors as entities of proliferation concern, subjecting virtually all transactions with these sectors to sanction. It imposes sanctions on persons selling or supplying to Iran a defined list of commodities relevant to Iran’s ship-building and nuclear sectors. And, it bars doing business with the Islamic Republic of Iran Broadcasting entity and its president, for their record of human rights abuse.