The Washington Post quotes South Asia Center Nonresident Senior Fellow Barbara Slavin on the US Treasury Department’s expected announcement on Sunday regarding whether sanctions on Iran will remain in place:
The Treasury Department is expected to post a notice on its Web site Sunday cautioning that sanctions remain in place for now, but the steps Obama will take on Sunday aim to reassure foreign investors they soon will be able to do business in Iran without getting into trouble with the U.S. government.
“The Iranians are very eager in particular to see what the Treasury Department will do,” said Barbara Slavin, a fellow at the Atlantic Council who has made multiple visits to Iran. “They are very nervous that it’s a shell game, that they won’t get the full sanctions relief they expect, and European companies in particular will be nervous investing in Iran.”