Bush Signs Extension of Iran and Libya Sanctions ActLibya must address its obligations under UN Security Council Resolutions. These relate to the 1988 Lockerbie bombing and require Libya to accept responsibility for the actions of Libyan officials, disclose all it knows about the bombing, renounce terrorism, and pay appropriate compensation. Cooperative action by Libya on these four issues would make it possible for us to begin to move toward a more constructive relationship.
With respect to Iran, we continue to have serious concerns over its support for terrorism, opposition to the Middle East peace process, and pursuit of weapons of mass destruction. I hope that the Iranian people's recently expressed desire for a freer, more open, and more prosperous society will give our two countries an opportunity to identify areas where our interests converge, and where we can work together constructively for our mutual benefit.Sounds like a shopping list to me, and everything's been checked off. Look for ILSA to fall (it was a Clinton-era acts, after all), along with the 2 EO's Clinton signed to be rescinded. FWIW, I believe "constructive" is a code-word for "US investment". :)