10 reasons to support the Countering America’s Adversaries Through Sanctions Act (H.R. 3364)Blog
Iran, Russia, and North Korea are threatening U.S. national security and undermining global stability with a range of aggressive acts – including ICBM tests, support for terrorist organizations, and interventions in neighboring countries. That’s why the House will vote tomorrow on the bipartisan Countering America’s Adversaries Through Sanctions Act (H.R. 3364) to use political and economic leverage to help hold them accountable.
Here are 10 reasons to support the bill:
- It sanctions Vladimir Putin and his oligarchs by targeting corruption, key sectors of the Russian economy – including arms sales and the exportation of oil and gas – and those responsible for gross human rights abuses.
- It targets anyone who contributes to the Iranian regime’s ballistic missile program, which aims to develop missiles capable of delivering nuclear warheads.
- It squeezes North Korea’s nuclear and ballistic missile programs by cutting off the Kim Jong Un regime’s access to hard cash.
- It enshrines existing sanctions against Russia into law for its intervention in Ukraine and its cyberattacks against the United States and other democracies, as well as imposes new sanctions for propping up Syria’s murderous Assad regime.
- It subjects Russian sanctions relief to Congressional review.
- It sanctions Iran’s Revolutionary Guards Corps for its support of terrorism, a direct threat to the U.S. and our allies, including Israel.
- It clarifies several key provisions in the original Senate bill that could have hurt American job creators and manufacturers and actually benefited Russian energy oligarchs. This strengthens the bill by ensuring it hits its intended targets.
- It restricts North Korea’s ability to engage in illicit trade by cracking down on its shipping industry and its access to international ports.
- It helps bolster energy security in Europe, and improves cooperation with our allies in order to counter Russian influence in Europe.
- It sanctions those who employ North Korean slave labor, a source of billions of dollars for the Kim regime.