The proposal is also aimed at blocking trade in commodities used in Iran's shipbuilding and nuclear sectors, such as graphite, aluminum, steel, metallurgical coal and software for integrating industrial processes. The measure also seeks to stop Iran from circumventing sanctions by receiving payment in precious metals such as gold, or using oil payments in local currency to buy gold.
The proposal also would sanction Islamic Republic of Iran Broadcasting for human rights abuses, including airing alleged show trials and forced confessions, and would sanction anyone involved in diverting humanitarian goods to the black market.
Mark Dubowitz, who has advised members of Congress and the administration on pressuring Iran, praised the measure for addressing "the Iranian game of 'catch me if you can'" by making it easier to crack down on front companies "and other sanctions-busting techniques, like the use of gold or other precious metals as a medium of exchange."
The Senate defense bill is S 3254