Holland Reporter

Congressmen Bill Huizenga and Blaine Luetkemeyer have expressed their concerns over the sanctions relief that allows Iran to stockpile money and fund terrorism. In a letter addressed to Secretary of State Anthony Blinken, Huizenga and Luetkemeyer urged him not to renew the sanctions waiver on Iranian electricity sales once it expires on November 15, 2023.

The congressmen pointed out that the current waiver differs significantly from previous ones. Not only does it allow transactions to be conducted in euros, but it also authorizes funds to be moved offshore to Oman, Germany, or France. In the past, waivers only facilitated Iraq's purchase of electricity from Iran in Iraqi dinars and through Iraqi banks. Furthermore, with the approaching winter solstice, there may be a decrease in Iraqi demand for electricity, which would limit the necessity for a waiver.

Huizenga emphasized the importance of preventing the Iranian regime from accessing funds that could be used against allies and American citizens. He stated, "The United States cannot continue to allow the Iranian regime access to funding that in turn could be used against our allies and American citizens." Huizenga called for transparency and accountability in the sanction waiver program, urging Congress to bring back the policy of maximum pressure to reduce Iran's ability to fund terrorism and create instability in the Middle East.

Luetkemeyer criticized the Biden administration's energy policies, stating that they demonstrate a lack of awareness when it comes to the real-world threats posed by enemies. He argued that granting another unnecessary waiver to Iran, while it continues to finance terrorism, would be irresponsible and unforgivable.

The concerns raised by Huizenga and Luetkemeyer highlight the need for a reevaluation of the sanctions waiver program. As the deadline for the expiration of the current waiver approaches, it remains to be seen how the Biden administration will respond to these concerns and whether they will choose to renew the waiver or adopt a different approach.

To find out more, go to this link: https://huizenga.house.gov/news/documentsingle.aspx?DocumentID=402727