Biden Admin's Nuclear Deal: "This Isn't Obama's Iran Deal. It's Much, Much Worse."
The Biden administration continues to disregard major concerns regarding the Iran nuclear deal, and has reportedly "refused to commit to submit a new Iran deal to the Senate for ratification as a treaty, as per its constitutional obligation."
Forty-nine Republican Senators recently told the Biden Administration that they will not back the administration's nuclear deal with Iran. The Senators stated:
"By every indication, the Biden Administration appears to have given away the store. The administration appears to have agreed to lift sanctions that were not even placed on Iran for its nuclear activities in the first place, but instead because of its ongoing support for terrorism and its gross abuses of human rights. The nuclear limitations in this new deal appear to be significantly less restrictive than the 2015 nuclear deal, which was itself too weak, and will sharply undermine U.S. leverage to secure an actually 'longer and stronger' deal. What is more, the deal appears likely to deepen Iran's financial and security relationship with Moscow and Beijing, including through arms sales."
A Biden nuclear deal with the Iranian regime will have major benefits for the ruling mullahs. It will enrich the Iranian regime with billions of dollars in revenues as it lifts sanctions on Tehran's energy, banking and shipping sectors; reintegrate the Islamic Republic into the global financial system, enhance Tehran's legitimacy in the world, increase Iran's exports of oil, and ratchet up foreign investments in Iran – particularly in the energy industry.
Do not expect the extra revenues to trickle down to the ordinary people of Iran or raise their standard of living. As Ashkan, a construction worker and father of three who lives in the capital Tehran with his family, told me, "people had a lot of hope in 2015 when the nuclear deal was reached," under the so-called moderate administration of then President Hassan Rouhani.
"The officials made us believe that the nuclear deal will be good for the people as well. But after the nuclear deal, inflation kept going up, wages stayed the same, the value of the currency kept going down, price of goods continued to go up, unemployment remained high, and people were still financially struggling during the period of the nuclear deal until the US government of Trump left the deal."
With the increased flow of funds to the ruling mullahs, do expect an increase across Iran in human rights violations and domestic crackdowns on those who oppose the regime's policies, as hardliners tend to be the ones gaining more power as a result of any lifting of sanctions. Iran's hardliners already control three branches of the government: the executive, the legislative, and the judiciary.
The Iranian regime will most likely first utilize the extra revenue by increasing its military budget. This scenario is what occurred in 2015 after the Obama's nuclear deal was struck. Iran immediately raised its military budget by $1.5 billion from $15.6 billion to $17.1 billion. On April 10, 2015, The Iranian Students News Agency (ISNA) quoted Mohammad Reza Pour Ebrahimi, a member of the parliament's Economic Affairs Committee, stating:
"In addition to the approved figures, $1.5 billion has been allocated to prop up defense of the country and this amount has been approved by this committee."
https://www.zerohedge.com/political/biden-administrations-nuclear-deal-isnt-obamas-iran-deal-its-much-much-worse