Washington: The U.S. Congress is not expected to approve new sanctions against Iran until January at the earliest, giving President Barack Obama at least a few more weeks before his short-term nuclear agreement with the Middle Eastern power could face added complications.
The U.S. and other world powers reached an agreement with Iran last month that provides Iran with $7 billion in relief from U.S. economic penalties in exchange for a series of nuclear concessions.
The Obama administration also committed to no new nuclear-related penalties for six months - a promise that upset members of both parties in Congress.
However, it would fall short of introducing new penalties.
His intent, they said, was to ensure the issue does not interfere with passage of a defense bill before senators break next week for Christmas.
Secretary of State John Kerry and Treasury Secretary Jacob Lew met with much of the Senate in private on Wednesday in a renewed effort to hold on any legislation that might scuttle the nuclear deal.
Obama and Kerry say a final deal next year is uncertain, but stress that diplomacy is far preferable to any military solution.
The U.S. and several other countries long have viewed the program as a covert attempt by Iran to develop nuclear weapons capability.
Without that certification, the legislation would reimpose all penalties and introduce new restrictions on Iran's engineering, mining and construction industries.
The legislation also calls for a global boycott of Iranian oil by 2015 if Iran fails to live up to the interim agreement.
Foreign companies and banks violating the bans would be barred from doing business in the United States.
Menendez declined to comment on his plans, but said he would listen to Kerry's presentation.
Sen. Lindsey Graham, a Republican, said he would be open to allowing this year's defense bill to pass without including new sanctions, if he could get a guarantee that the topic would come up soon.
"That will go a long way to shape my thinking," Graham said.
Sen. Bob Corker, a Republican, is pushing his own bill. It doesn't seek to ramp up sanctions but looks to lock in those already in place until Iran completely halts all uranium enrichment activity - a demand U.S. officials long ago conceded.
"My concern is that the administration in another, quote, trust-building measure, will alleviate some more sanctions for another baby step which really doesn't accomplish anything relative to dismantling the enrichment programs," Corker told reporters.
Iranian Foreign Minister Mohammad Javad Zarif has said any new commercial restrictions against Iran could kill the diplomatic effort.
The U.S. and other world powers reached an agreement with Iran last month that provides Iran with $7 billion in relief from U.S. economic penalties in exchange for a series of nuclear concessions.
The Obama administration also committed to no new nuclear-related penalties for six months - a promise that upset members of both parties in Congress.
However, it would fall short of introducing new penalties.
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His intent, they said, was to ensure the issue does not interfere with passage of a defense bill before senators break next week for Christmas.
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Secretary of State John Kerry and Treasury Secretary Jacob Lew met with much of the Senate in private on Wednesday in a renewed effort to hold on any legislation that might scuttle the nuclear deal.
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Obama and Kerry say a final deal next year is uncertain, but stress that diplomacy is far preferable to any military solution.
Advertisement
The U.S. and several other countries long have viewed the program as a covert attempt by Iran to develop nuclear weapons capability.
Advertisement
Without that certification, the legislation would reimpose all penalties and introduce new restrictions on Iran's engineering, mining and construction industries.
The legislation also calls for a global boycott of Iranian oil by 2015 if Iran fails to live up to the interim agreement.
Foreign companies and banks violating the bans would be barred from doing business in the United States.
Menendez declined to comment on his plans, but said he would listen to Kerry's presentation.
Sen. Lindsey Graham, a Republican, said he would be open to allowing this year's defense bill to pass without including new sanctions, if he could get a guarantee that the topic would come up soon.
"That will go a long way to shape my thinking," Graham said.
Sen. Bob Corker, a Republican, is pushing his own bill. It doesn't seek to ramp up sanctions but looks to lock in those already in place until Iran completely halts all uranium enrichment activity - a demand U.S. officials long ago conceded.
"My concern is that the administration in another, quote, trust-building measure, will alleviate some more sanctions for another baby step which really doesn't accomplish anything relative to dismantling the enrichment programs," Corker told reporters.
Iranian Foreign Minister Mohammad Javad Zarif has said any new commercial restrictions against Iran could kill the diplomatic effort.
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