CGTV Quotes Wynn Segall on Trump Administration Decision on Iran Sanctions
China Global TV has quoted Akin Gump international trade partner Wynn Segall in the article “World waits for US to announce decision on Iran nuclear deal sanctions.” The article notes that January 12 is the deadline for President Trump to reimpose sanctions lifted under the Iran nuclear deal.
Last year, as the article reports, Mr. Trump waived sanctions under the deal, but refused to certify that Iran is complying with its terms, which cast some doubt on Washington’s commitment to it. The article cites comments by Treasury Secretary Steven Mnuchin, who said there will still be other sanctions imposed against Tehran.
Segall, who advises companies on compliance with U.S. and international sanctions on Iran, said, “To the extent that U.S. companies and European companies hesitate to go in, it certainly impacts the potential economic benefits that the Iranians can realize. It does undermine the credibility of the current leadership – arguing to the general population that this is a good deal.”