Senate to vote on Iran sanctions renewal this week

Reuters

Reporting by Patricia Zengerle

Editing by David Gregorio

 The Senate will vote this week on a bill that would renew sanctions on Iran for 10 years, Senator Mitch McConnell, the chamber's Republican leader, said on Tuesday in remarks as he opened the daily session. If the extension of the Iran Sanctions Act (ISA) is passed as expected, it would be sent to the White House, where President Barack Obama is expected to sign it into law.

The House of Representatives voted overwhelmingly last month for the extension of the ISA, first passed in 1996 to punish investments in Iran's energy industry and deter the country's pursuit of nuclear weapons.

The act will expire at the end of 2016 if not renewed.

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