(Update 8/2/17): President Donald Trump signed this bill into law. This bill — known as the Countering Adversarial Nations Through Sanctions — would impose additional sanctions on Iran, Russia, and North Korea for undermining global stability through tests of ballistic missiles, support for terrorism, and interventions in neighboring countries among other transgressions.
The bill would mandate sanctions on people who engage in or pose a risk of contributing to Iran’s ballistic missile program and those who support such persons. The Islamic Revolutionary Guard Corps (IRGC) would be sanctioned for supporting terrorism (it’s already sanctioned for non-proliferation and human rights abuses), and people who violate the UN arms embargo against Iran. Sanctions could only be lifted on persons who supported Iran’s terrorism or ballistic missile program if they have ceased support for those activities for three months.
It would also require the Depts. of State, Defense, and Treasury to work with the Director of National Intelligence to submit a strategy every two years aimed at deterring conventional and asymmetric Iranian activities that threaten the U.S. and key allies in the Middle East, North Africa, and beyond.
Reports would be required on U.S. citizens detained by Iran and discrepancies between U.S. and European Union sanctions on Iran. The president would be authorized to waive sanctions against individuals on a case-by-case basis for up to 180 days if it’s determined to be in the national security interests of the U.S.
This bill would make into law and strengthen existing sanctions contained in executive orders on Russia, including the sanctions' impact on Russian energy projects and on debt financing in several key economic sectors. It would also provide for a mandated congressional review if sanctions are relaxed, suspended, or terminated.
New sanctions would be imposed on Russians involved in corruption; evading sanctions; abusing human rights; supplying weapons to the Assad regime; conducting malicious cyber activity on the Russian government's behalf; the corrupt privatization state-owned assets; and those doing business with the Russian intelligence and defense sectors.
Additionally, new sanctions would be imposed on several sectors of Russia's economy including mining, metals, shipping, and railways. An exception would be made for activities involving the National Aeronautics and Space Agency (NASA), which currently relies on certain Russian-made equipment.
The bill would also provide assistance to strengthen democratic institutions and look to counter disinformation across Central and Eastern European countries that are vulnerable to Russian aggression and interference. It would also reaffirm the importance of NATO in contributing to maintaining stability around the world.
A study on the flow of illegal finance involving Russia and a formal assessment of U.S. exposure to Russian state-owned entities would be required.
This bill would strengthen sanctions against the North Korean regime for its nuclear weapons program and human rights violations. It sanctions individuals who are involved in the use of North Korean forced labor, who buy metals from or provide military fuel to the regime, and prohibits accounts that can be used to gain access to U.S. currency. Goods produced in whole or in part by North Korean forced labor would be prohibited from entering the U.S. Aid to foreign governments that buy or sell North Korean weapons would be cut off.
The executive branch would be required to determine within 90 days whether North Korea should be re-designated as a state sponsor of terror. It’d also require a report on cooperation between North Korea and Iran on the two countries’ nuclear weapons programs, and a report on the implementation of U.N. Security Council resolutions sanctioning North Korea by other countries.