Economics

Iran Reaps Less Cash From Eased Sanctions Than Predicted

Lock
This article is for subscribers only.

With world powers unable so far to win Iran’s agreement to curb its nuclear program, members of both parties in the new Republican-led U.S. Congress will push in January for more economic sanctionsBloomberg Terminal on the Islamic Republic.

As the nuclear negotiations continue for an additional seven months, Iran has been promised that it will continue to enjoy limited relief from the existing U.S. sanctions in exchange for continuing to curtail its nuclear efforts under an interim accord signed a year ago yesterday.