New House Resolution on Iran World Bank Disbursements

On October 16, 2007, Rep. Mark Kirk (R-IL) introduced H.Con.Res. 235, a resolution which “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 certifies the compliance of Iran with resolutions 1696 and 1747 of the United Nations Security Council and the terms of the Nuclear Non-Proliferation Treaty.” The resolution also urges “the United Nations Security Council to order the World Bank to end disbursements to Iran if the Board of Directors of the World Bank fails to take action on its own.”

The resolution has 23 co-sponsors and was referred to the House Committee on Foreign Affairs and the Committee on Financial Services.