AIPAC applauds President Trump and his administration for designating Iran’s Islamic Revolutionary Guard Corps (IRGC) as a Foreign Terrorist Organization. Today’s action will subject the IRGC to further U.S. sanctions and economic pressure. This designation is an important element of the administration’s efforts to “increase financial pressure and raise the costs on the Iranian regime … until it abandons its malign and outlaw behavior.” To accomplish this objective, the administration will need to further strengthen its enforcement efforts and limit waivers so to drive Iranian oil exports toward zero. The IRGC is the principal instrument of the Iranian regime's policy of international terrorism and regional aggression and has been active in the development of its nuclear weapons and missile programs. The IRGC is responsible for the death of hundreds of American troops in Iraq. It supports the brutal Assad regime in Syria, and it is the main patron of the terrorist group Hezbollah. The IRGC, and its terrorist proxies, is currently using Syria and Lebanon as a staging area for threats against U.S. regional allies. Given the IRGC’s control of significant elements of the Iranian economy, and the opaqueness of the Iranian market, foreign companies face the real risk that doing business in Iran will run afoul of today’s sanctions.
Type: Press Release