Friday, August 2, 2013

Dianne Feinstein Initiates Pro-Iran Diplomacy Letter in Senate

    Friday, August 02, 2013   No comments

Dear President Obama:

We urge you to seize the opportunity presented by the upcoming inauguration of Iran’s new president, Dr. Hassan Rouhani, by reinvigorating diplomatic efforts to secure a verifiable agreement that ensures that Iran does not develop nuclear weapons.

Since 2010 Congress has worked with your Administration to increase U.S. and international sanctions against Iran. The impact on Iran’s economy has been significant: the value of the Iranian rial has plummeted against the U.S. dollar since 2011, unofficial estimates of inflation range as high as 70 percent, exports of oil have been halved, Iranian oil production has declined 35 percent to 2.6 million barrels per day, the Iranian economy declined by as much as 8 percent between March 2012 and March 2013 and is set to decline further in the next year, and unemployment estimates range as high as 20 percent.

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