The United States Republican-controlled Congress is set to block Boeing Co’s planned sale of dozens of commercial aircraft to Iran.
The House of Representatives was to debate an anti-Iran legislature on Thursday that could influence trade between Tehran and Boeing as well as other plane makers such as Airbus, if passed.
Three measures will be discussed by a Financial Services subcommittee, one of which would bar the Treasury secretary from authorizing transactions by Washington.
Another one would require the department not to license a sale of the planes to Iran announced last month
A third measure could prohibit the Export-Import Bank from financing any entity engaged in business with Tehran or any other one that provides financing to another entity to facilitate transactions with it.
The measures are part of the Republican lawmakers’ attempts to hamper efforts by the Democratic administration of President Barack Obama, engaged in nuclear negotiations…