Conference Report On H.R. 2194, Comprehensive Iran Sanctions, Accountability, And Divestment Act Of 2010
I thank my friend, Chairman Berman, for letting me speak; and I strongly support the Comprehensive Iran Sanctions, Accountability and Divestment Act. I am a proud cosponsor of the bill. This is a bipartisan bill, as you can hear, and…
I thank my friend, Chairman Berman, for letting me speak; and I strongly support the Comprehensive Iran Sanctions, Accountability and Divestment Act. I am a proud cosponsor of the bill. This is a bipartisan bill, as you can hear, and should be passed.
Last fall, the world learned of the secret Iranian nuclear enrichment facility near the city of Qom. If there was ever any doubt that Iran was trying to build nuclear weapons, this revelation dispelled any shred of that doubt. We need strong sanctions on Iran to halt their development of nuclear weapons. Iran must not be allowed to have a nuclear bomb.
I commend President Obama and Secretary Clinton for achieving a strong fourth round of U.N. sanctions against Iran and for bringing Russia and China on board.
As chairman of the Western Hemisphere Subcommittee, I would like to call attention to the fact that Venezuelan President Hugo Chavez at one time agreed to provide 20,000 barrels per day of refined gasoline to Iran and to invest in the Iranian natural gas sector. Iran is an importer of refined gas, and this bill will hit them where it hurts in their energy and financial sectors.
I would like to also express my support for section 110 of the bill which requires a report on other energy imports into Iran. The U.S. and Brazil are the world's largest ethanol producers, and I am glad to hear from Brazil's private ethanol producers that they have no plans to supply ethanol to Iran for blending into gasoline as they prefer to build a global export market, anchored by the large U.S. and European markets. That's why this bill is so important. We must continue to monitor this area as ethanol imports could undermine energy sanctions on Iran.
The U.S., our allies, and the U.N. have recognized that a nuclear- armed Iran would be a danger not only to our ally, Israel, but also to the entire Middle East and the nuclear nonproliferation regime and is unacceptable. When Ahmadinejad says he wants to wipe Israel off the face of the Earth, he means it. When he calls the U.S. the great Satan, he means it. We need this bill to hit them where it hurts, and I urge my colleagues to vote for this bill today.