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The World Bank and Iran (CRS Report for Congress)

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Release Date Revised Jan. 28, 2008
Report Number RS22704
Report Type Report
Authors Martin A Weiss and Jonathan E. Sanford, Foreign Affairs, Defense, and Trade Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Aug. 9, 2007 (6 pages, $24.95) add
Summary:

Several laws restrict U.S. support for World Bank lending to Iran. Despite U.S. opposition, the World Bank has provided loans to Iran on several occasions over the past five years, and disbursements on these loans appears to be increasing. Several pieces of legislation: H.R. 1400, 'Iran Counter-Proliferation Act' and S. 970, 'Iran Counter- Proliferation Act of 2007' would cut future U.S. funding to the World Bank if the Bank makes new loans to Iran. This report will be updated as events warrant.