SEC. 2. UNITED STATES POLICY TOWARD IRAN. 
(a) FINDINGS.—Congress finds the following: 
(1) The prospect of the Islamic Republic of Iran 
achieving nuclear arms represents a grave threat to 
the United States and its allies in the Middle East, 
Europe, and globally. 
(2) The nature of this threat is manifold, rang-
ing from the vastly enhanced political influence ex-
tremist Iran would wield in its region, including the 
ability to intimidate its neighbors, to, at its most 
nightmarish, the prospect that Iran would attack its 
neighbors and others with nuclear arms. This concern 
is 
illustrated 
by 
the 
statement 
of 
Hashemi 
Rafsanjani, former president of Iran and currently a 
prominent member of two of Iran’s most important 
decisionmaking bodies, of December 14, 2001, when he 
said that it ‘‘is not irrational to contemplate’’ the use 
of nuclear weapons. 
(3) The theological nature of the Iranian regime 
creates a special urgency in addressing Iran’s efforts 
to acquire nuclear weapons. 
(4) Iranian regime leaders have persistently de-
nied Israel’s right to exist. Current President 
Mahmoud Ahmadinejad has called for Israel to be 
‘‘wiped off the map’’ and the Government of Iran has 
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displayed inflammatory symbols that express similar 
intent. 
(5) The nature of the Iranian threat makes it 
critical that the United States and its allies do every-
thing possible—diplomatically, politically, and eco-
nomically—to prevent Iran from acquiring nuclear- 
arms capability and persuade the Iranian regime to 
halt its quest for nuclear arms. 
(b) SENSE OF CONGRESS.—It is the sense of the Con-
gress that— 
(1) Iranian President Ahmadinejad’s persistent 
denials of the Holocaust and his repeated assertions 
that Israel should be ‘‘wiped off the map’’ may con-
stitute a violation of the Convention on the Preven-
tion and Punishment of the Crime of Genocide and 
should be brought before an appropriate international 
tribunal for the purpose of declaring Iran in breach 
of the Genocide Convention; 
(2) the United States should increase use of its 
important role in the international financial sector to 
isolate Iran; 
(3) Iran should be barred from entering the 
World Trade Organization (WTO) until all issues re-
lated to its nuclear program are resolved; 
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(4) all future free trade agreements involving 
Iran should be conditioned on the requirement that 
the parties to such agreements pledge not to invest 
and not to allow companies based in its territory or 
controlled by its citizens to invest in Iran’s energy 
sector or otherwise to make significant investment in 
Iran; 
(5) United Nations Security Council Resolution 
1737 (December 23, 2006), which was passed unani-
mously and mandates an immediate and uncondi-
tional suspension of Iran’s nuclear enrichment pro-
gram, represents a critical gain in the world-wide 
campaign to prevent Iran’s acquisition of nuclear 
arms and should be fully respected by all nations; 
(6) the United Nations Security Council should 
take further measures beyond Resolution 1737 to 
tighten sanctions on Iran, including preventing new 
investment in Iran’s energy sector, as long as Iran 
fails to comply with the international community’s 
demand to halt its nuclear enrichment campaign; 
(7) the United States should encourage foreign 
governments to direct state-owned entities to cease all 
investment in Iran’s energy sector and all exports of 
refined petroleum products to Iran and to persuade, 
and, where possible, require private entities based in 
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their territories to cease all investment in Iran’s en-
ergy sector and all exports of refined petroleum prod-
ucts to Iran; 
(8) moderate Arab states have a vital and per-
haps existential interest in preventing Iran from ac-
quiring nuclear arms, and therefore such states, par-
ticularly those with large oil deposits, should use their 
economic leverage to dissuade other nations, including 
the Russian Federation and the People’s Republic of 
China, from assisting Iran’s nuclear program directly 
or indirectly and to persuade other nations, including 
Russia and China, to be more forthcoming in sup-
porting United Nations Security Council efforts to 
halt Iran’s nuclear program; 
(9) the United States should take all possible 
measures to discourage and, if possible, prevent for-
eign banks from providing export credits to foreign 
entities seeking to invest in the Iranian energy sector; 
(10) the United States should oppose any further 
activity by the International Bank for Reconstruction 
and Development with respect to Iran, or the adop-
tion of a new Country Assistance Strategy for Iran, 
including by seeking the cooperation of other coun-
tries; 
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(11) the United States should extend its program 
of discouraging foreign banks from accepting Iranian 
state banks as clients; 
(12) the United States should prohibit all Ira-
nian state banks from using the United States bank-
ing system; 
(13) United States Federal pension plans should 
divest themselves of all non-United States companies 
investing more than $20,000,000 in Iran’s energy sec-
tor; 
(14) State and local government pension plans 
should divest themselves of all non-United States com-
panies investing more than $20,000,000 in Iran’s en-
ergy sector; 
(15) the United States should designate the Is-
lamic Revolutionary Guards Corps, which purveys 
terrorism throughout the Middle East and plays an 
important role in the Iranian economy, as a foreign 
terrorist organization under section 219 of the Immi-
gration and Nationality Act, place the Islamic Revo-
lutionary Guards Corps on the list of specially des-
ignated global terrorists, and place the Islamic Revo-
lutionary Guards Corps on the list of weapons of 
mass destruction proliferators and their supporters; 
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