Monday, June 17, 2019

Sanctioning Revolutionary Guard as Terrorist Group Will Hit Iran Hard. Here’s Why.

From The Daily Signal.com (April 8):

In a historic move on Monday, Secretary of State Mike Pompeo announced the designation of Iran’s Islamic Revolutionary Guard Corps as a foreign terrorist organization.

This is the first time the U.S. has given the designation to part of a government.

The designation will enable the U.S. to further ramp up sanctions against Iran’s tyrannical regime under the administration’s “maximum pressure” policy.

The Revolutionary Guard Corps is both the sword and shield of Iran’s Islamic revolution, dating back to 1979. It is charged with attacking Iran’s enemies overseas, supporting Iran’s network of foreign terrorist proxies, and crushing political opposition to Iran’s revolutionary regime at home.

………………

The designation as a foreign terrorist organization will become effective next Monday, at which time the U.S. government will gain additional tools for applying sanctions against the Revolutionary Guards and all foreign entities that do business with them, their subsidiaries, and their front companies.

This will allow U.S. sanctions to hit harder at strategic sectors of Iran’s economy, since the Revolutionary Guard is extensively involved in Iran’s oil, construction, and defense industries. As CIA director in 2017, Pompeo estimated that the Revolutionary Guard controlled about 20% of Iran’s economy.

These added sanctions will drain away resources that could be used to export terrorism, thus helping bolster the security of the U.S. and its allies. This will also benefit the Iranian people, who are the chief victims of the Revolutionary Guard.

The new sanctions also will ratchet up pressure on foreign firms that continue to do business with Iran. Such firms could now face prosecution in U.S. courts for providing material support for terrorism if they engage in commerce with Iranian entities affiliated with the Revolutionary Guard.  [read more]

Good for him. It’s about time.

No comments: