berg80
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- Oct 28, 2017
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U.S. Details Agreement With Iran as Trump Departs G7 Summit
The terms of the preliminary agreement between the United States and Iran would reopen the Strait of Hormuz, outline a $300 billon plan for Iran’s reconstruction, and lift restrictions on the country’s oil exports, according to details described by a senior U.S. official on Wednesday.But the agreement, whose terms had been unclear since its announcement on Sunday, would push talks about Iran’s nuclear program — President Trump’s oft-stated priority — into a 60-day negotiation period that could be extended by “mutual consent.”
The U.S. will lift sanctions on Iran’s oil industry when a preliminary deal is signed in what amounts to a major financial win for the country. Iran’s energy industry — the lifeblood of its economy — has been subject to financial restrictions for many years.
Senator Bill Cassidy, the Louisiana Republican whose re-election bid ended after he lost to a Trump-backed challenger, criticized the war in Iran and the proposed agreement to end it. “This is the worst foreign policy blunder in decades,” he said in a social media post.
Live Updates: Trump Hails U.S.-Iran Deal at G7 Summit as U.S. Shares Details of Agreement
A U.S. official provided what was described as the text of the preliminary agreement, which outlined a $300 billion plan for Iran’s reconstruction and 60 days of talks on its nuclear program.
Cassidy wouldn't be saying that if he had won his primary. Not because it isn't true. But because he would need the vote of trump fans to win in the general. And trump fans don't take kindly to observations like that.
I was struck by this complete, hypocritical about face on the return of Iranian assets after Don and the entire right wing of the country torched the JCPOA agreement.
Trump was pressed by a Fox News reporter on the difference between giving Iran billions of dollars and unfreezing $300 billion in Iranian assets. The Obama-era nuclear deal, which Trump repeatedly criticizes, also unfroze Iranian assets.
“We have taken their money,” he said. “It’s not our money. It’s their money and we froze it. At a certain point in time I guess we have to give it back.”
Unbelievable.