Washington: The Obama administration is considering helping Iran recoup billions of dollars in frozen overseas assets if Tehran scales back its nuclear program. But Congress is determined to set a high bar for any relief for Iran.
Officials say the proposal is under consideration to spur nuclear negotiations. A skeptical Congress is weighing in, too. Sen Mark Kirk has a plan to give the US more sticks and carrots.
He wants to freeze all remaining Iranian assets overseas. He would do that by threatening to block from the US market any bank that does business with Iran. Kirk would let Iran get at some of the USD 50 billion to USD 75 billion that's already blocked. But Iran would only get the money after ending all uranium
enrichment activity. Iran rejects such demands.
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