“Sanctions against the IRGC are nothing new… The IRGC is not an economic entity for them to attempt to impact its future through sanctions. Understanding the importance of U.S. sanctions, Gholamreza Tajgardoon, chairman of the Budget & Planning Commission in Iran’s parliament resorted to similar remarks. “Sanctioning the IRGC will have no impact on the country’s economy… U.S. sanctions are an issue of international relations. The IRGC is, however, active in military affairs inside Iran and the region,” he also said to state media. This major economic quagmire before the Iranian regime is the reason this bill is described as the “black hole” of sanctions.

Source: Forbes October 27, 2017 12:00 UTC