January 2, 2020
The sanctions imposed by President Donald Trump on Iran have more than erased the benefits given by President Barack Obama under the nuclear deal, according to numbers presented by Iranian President Hassan Rouhani.
Under the Iran deal, Iran gained renewed access to up to $150 billion in assets that had been previously frozen. The Obama administration also infamously gave Iran nearly $2 billion in cash for the release of American prisoners who were effectively hostages. The money is believed to have been used, in part, to fund Iranian terror operations.
Rouhani, quoted by Bloomberg News, said Tuesday that U.S. sanctions have cost the country some $200 billion:
Renewed U.S. sanctions have cost Iran $200 billion in foreign-exchange income and investment, Iranian President Hassan Rouhani said Tuesday.
Sanctions have deprived the Islamic Republic of $100 billion in oil revenue in the last two years and an equal amount in foreign investment credit, Rouhani said in a televised speech, according to his official website.
The sanctions have punished Iran for its role in developing weapons of mass destruction; for its sponsorship of terror groups in the region and worldwide; and for its repressive human rights abuses against its own citizens.
This article was posted: Thursday, January 2, 2020 at 4:04 am