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US Congress to Hold Hearing on Risks of Economic Cooperation With Iran

© AP Photo / Kevin Lamarque/Pool PhotoUS Secretary of State John Kerry, left, meets with Iranian Foreign Minister Mohammad Javad Zarif, right, in Vienna, Austria, Saturday, Jan. 16, 2016, on what is expected to be "implementation day," the day the International Atomic Energy Agency (IAEA) verifies that Iran has met all conditions under the nuclear deal.
US Secretary of State John Kerry, left, meets with Iranian Foreign Minister Mohammad Javad Zarif, right, in Vienna, Austria, Saturday, Jan. 16, 2016, on what is expected to be implementation day, the day the International Atomic Energy Agency (IAEA) verifies that Iran has met all conditions under the nuclear deal. - Sputnik International
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The US is not eager to start economic cooperation with Iran due to several risks, Committee chairman Ed Royce said in a statement on Wednesday.

WASHINGTON (Sputnik) — The US House of Representatives Committee on Foreign Affairs will hold a hearing on Thursday about the risks of economic engagement with Iran, Committee chairman Ed Royce said in a statement on Wednesday.

"The Obama administration is turning a blind eye to Iran’s provocative acts and offering new concessions — well beyond the nuclear deal — to Tehran," Royce stated.

Royce explaiend the goal of the hearing is to expose the dangers of allowing Iran to have access to the US financial system while continuing to fund terrorism and moving forward with its missile program.

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