Senate Unanimously Passes Kirk Amendment on Euro Loophole in Iran Sanctions Policy

 

WASHINGTON–(ENEWSPF)–March 23, 2013. The United States Senate early this morning sent a strong message to the European Union (EU) on Iran, unanimously passing an amendment supporting efforts to block Iran’s access to its foreign exchange reserves and limit the ability of designated Iranian entities like the Central Bank of Iran to conduct transactions in euros.  The amendment to the Budget Resolution, sponsored by Sen. Mark Kirk (R-Ill.) and Sen. Joe Manchin (D-W.Va.), follows a…