National Security Advisor Susan Rice: Iran Will Use Sanctions Relief Funds To

In a deal signed Tuesday, Iran agreed to concessions aimed at preventing it from developing a nuclear weapon. CNN’s Wolf Blitzer asked Rice.

“Countries like Japan and India that have paid an economic price to implement these sanctions would no longer feel the obligation to do so”, she said.

The USA cut off diplomatic relations with Iran in the wake of the 1979 hostage crisis at the embassy in Tehran, in which 52 Americans were held captive for 444 days.

Data compiled by the U.S. department of agriculture says Iran’s overall rice import might rise marginally to 1.7 mt in 2014-15 (August-July) as compared to 1.65 mt the previous year. They have to let the IAEA do the inspections and the interviews that are necessary to answer the questions that remain about Iran’s past nuclear activities.

But Secretary of State John Kerry insisted Friday that the United Nations inspectors will have plenty of time to detect any Iranian bid to cheat.

Lifting of global economic sanctions on Iran could, it is hoped in the trade, enable a new record for basmati rice export to that country from here in 2015-16. And it will take – they won’t be able to get it all at once.

Israel has maintained that the billions that will flow into Iranian coffers following the lifting of punitive measures will go to finance terrorism on a major scale, an argument the USA has had some difficulty disputing.

National security adviser Susan Rice tried her best to point out all the silver linings in the Obama administration’s nuclear deal with Iran, but in the end she just gave in and admitted Wednesday that the USA “should expect” Iran to divert some of its newly freed-up funds to the destruction of America. But the goal here, Wolf, was never, and was not created to prevent them from engaging in bad behavior in region. They will have more money once they have verifiably given up their nuclear weapons capacity and any ability to reconstitute it.

The deal sets out a so-called “snapback” mechanism to put the old sanctions back in place.

Iran’s trade with India will no longer be governed entirely by how much oil it sells to the South Asian country, giving it more leeway to expand purchases of food items which India produces in abundance, such as rice, sugar and soybeans. It will be endorsed by the world via the UN Security Council resolution. A rotating panel of inspectors from the global Atomic Energy Agency (IAEA) that, in a capitulation to Iran’s demands, is guaranteed not to include a single American inspector.