Approval of New Proposals Against Boeing Sales and Financial Sanctions on Iran in Congress

The U.S. House Financial Services Committee has voted on three proposals that could prevent the sale of Boeing and other modern aircraft to Iran. At the same time, the House of Representatives has also approved proposals for financial sanctions against Iran. The three proposals from the Financial Services Committee were presented on July 8. What was approved on the evening of July 13, U.S. time, prevents the issuance of licenses from the Treasury Department, blocks money transfers, and makes the operations of the U.S. Export-Import Bank in this regard impossible. Additionally, this federal credit organization will not have the right to provide services to other partners for financial transactions with Iran. Reuters reports that the House of Representatives has also approved new proposals aimed at imposing new sanctions and preventing Iran from accessing the U.S. financial system. During the recent voting on Boeing, discussions and criticisms were raised; Maxine Waters, a Democratic representative on the Financial Services Committee, stated that those who supported these proposals are 'not patriots' and intend to undermine the U.S. government's nuclear agreement with Iran. This statement faced verbal reprimand from Jeb Hensarling, the chairman of the Financial Services Committee. Previously, U.S. representatives had also approved two financial amendments aimed at preventing the sale of passenger aircraft from Boeing to Iran. The approval of new proposals comes on the eve of the anniversary of the nuclear agreement between Iran and six world powers and aligns with other proposals that Republicans have presented or approved against Iran in recent days. The President of the United States has stated that he will veto any proposals that obstruct the implementation of the 'JCPOA.' In recent days, the House of Representatives voted on a proposal that bans the purchase of heavy water from Iran by the U.S. government. This proposal was presented alongside two others. One of the other proposals was related to financial transactions, and the other, according to the White House, could lead to the reinstatement of sanctions lifted from certain individuals and entities. The U.S. government has stated that the President will veto these three proposals. Therefore, it seems that their approval, coinciding with the anniversary of the nuclear agreement and the upcoming U.S. elections, is more symbolic. Meanwhile, Bob Corker, the Republican chairman of the Senate Foreign Relations Committee, is preparing a new proposal against Tehran. This proposal includes sanctions against individuals and entities in the Islamic Revolutionary Guard Corps, related to ballistic missile programs, cyber sabotage, and a range of other commercial, banking, energy, and defense sanctions. The Republican majority in Congress, including the House of Representatives and the Senate, is opposed to the nuclear agreement. Nuclear-related sanctions on Iran were lifted following the implementation of the Joint Comprehensive Plan of Action, 'JCPOA,' but the United States still imposes sanctions related to the missile program, 'state-sponsored terrorism,' and human rights violations against Iranian individuals and entities. Tehran has denied the accusation of state-sponsored terrorism and emphasized that it will continue its missile program, which it calls 'defensive.'