Daily Israel Report
07:38
Reported

News Brief

  4/3/2014, Nissan 3, 5774

US: Relief of Sanctions Not Going to Instigate Much Change


Undersecretary of the Treasury for Terrorism and Financial Intelligence David Cohen stated yesterday (Wednesday) that he doesn’t think that global commercial corporations are racing to do business with Iran following the reduction of sanctions placed against the Arab country.

During deliberation in the Senate, Cohen said Washington estimates that the reduction in sanctions will cause 6-7 billion Dollars to flow into Iranian pockets.

This estimate seems to be precise, perhaps even slightly exaggerated.