National
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"Non-Binding"

"Non-Binding""Non-Binding"

Michigan Attorney General Bill Schuette on Tuesday issued a letter to governors across the United States asking them to impose or extend their own economic sanctions against Iran, as the Obama administration seeks to lift federal ones as part of an agreement for Iran to scale back its nuclear program, USA Today reported.  In a letter sent to all 50 governors, Schuette and Oklahoma Attorney General Scott Pruitt said the agreement forged between Iran and the US and five other world powers, which does not require congressional approval, “cannot bind the states,” which continue to have authority to impose their own restrictions on government spending involving Iran or companies with economic relationships with it.

Michigan is one of 25 states to have imposed sanctions against Iran, which prohibits such companies or entities from submitting bids for state work or contracts.

 

Financialtribune.com