|U.S. mulling release of Iranian assets: NY Times||
TEHRAN – The Obama administration, in the wake of a promising first round of nuclear diplomacy with Iran, is weighing a proposal to ease sanctions on Tehran by offering it access to billions of dollars in frozen funds if the Iranian government takes specific steps to curb its nuclear program, a senior administration official said on Thursday, the New York Times reported.
The official likened the plan, which is still being debated inside the White House and the State Department, to opening and closing a financial spigot.
While the two days of talks in Geneva this week did not produce a breakthrough, Iranian officials were more candid and substantive than in previous diplomatic encounters, officials said, particularly in direct negotiations between Iranian diplomats and the senior American representative, Wendy R. Sherman.
The proposal on freeing up funds has been championed by Mark Dubowitz, executive director of the Foundation for Defense of Democracies, a public policy institute known for its hawkish views on Iran.
“My biggest concern is that if the administration takes out a brick from the sanctions regime, you won’t be able to put it back together,” Mr. Dubowitz said. He called the plan “a way to provide nonsanctions financial relief to give the administration flexibility during the negotiations.”
Subscribe to our RSS feed to stay in touch and receive all of TT updates right in your feed reader