Regarding ending World Bank disbursements to Iran until the International Atomic Energy Agency certifies the compliance of the Islamic Republic of Iran with Resolutions 1696 and 1747 of the United Nations Security Council and the terms of the Nuclear Non-Proliferation Treaty.
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Summary
Urges the Board of Directors of the World Bank to request a policy review of current disbursements to the Islamic Republic of Iran and to end these disbursements until the International Atomic Energy Agency (IAEA) certifies Iran's compliance with U.N. Security Council Resolutions 1696 and 1747 and the terms of the Nuclear Nonproliferation Treaty. Urges the Security Council to order the World Bank to end disbursements to Iran if the Board of Directors fails to take such action.
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