Middle East Economic Survey

VOL. L

No 27

2-July-2007

IRAN

US House Committee Approves Iran Counter-Proliferation Bill

The International Relations Committee of the US House of Representatives on 26 June approved by 37 votes to one a bill proposed by Chairman Tom Lantos to force companies to halt energy investments in Iran. The proposed Iran Counter-Proliferation Act of 2007 aims to prevent the White House waiving sanctions against non-US companies investing in the Iran petroleum industry, and to...