Stretching appeasement to the breaking point, Washington is working overtime to convince global institutions, nations, banks and companies to dismiss their well-founded concerns and do business with the America-hating, terror-sponsoring, nuclear weapons-pursuing regime in Tehran.
Washington’s efforts – which are coming despite no discernable change in Iranian behavior – extend a familiar script of recent years, in which the Obama administration kowtows to the regime, ignores the concerns of America’s regional allies and breaks its promises to monitor Iranian activities closely and act accordingly.
It’s an embarrassing spectacle that diminishes U.S. leadership and credibility in the region and beyond.
Nevertheless, the U.S. effort is having an impact. The Paris-based Financial Action Task Force, which sets global standards for fighting money laundering and terror financing, responded to U.S. pressure by deciding last week to suspend for a year its measures to combat Iranian terror sponsorship because Iran has adopted a plan to address the problem – even though Tehran hasn’t actually implemented it. And the plan is meaningless to begin with because it excludes from “terrorism” any group that Iran says is “attempting to end foreign occupation, colonialism, and racism,” as Iran surely would say of its terrorist proxies Hezbollah and Hamas.