... elections may well lead to a tougher American policy towards China. Given this scenario of exacerbation, the politicisation of finance in the form of sanctions is also likely. Among the new members of the Association, the interested parties include Iran, which has been under US sanctions for more than 40 years and is effectively excluded from the world of global finance, with its dominance of dollar payments. The remaining countries which were in BRICS prior to this year (India, Brazil and South Africa), and most of the new ...
... president, retained the strategy of his predecessor in terms of sanction pressure on Damascus.
The vagueness and breadth of the sanctions permeated an atmosphere of over-compliance that also affected donor governments, businesses and NGOs, causing many of ... ... Some Gulf Arab states have signaled that they might be willing to support reconstruction, perhaps hoping to get Syria out of Iran’s orbit. But for now, they are hesitant to take the risk. For the same reason, Damascus’ other allies—Russia and Iran—which,...
... the end. For one, timelines have not been set out for most of the projects, and not all of them will even reach the stage of implementation. And those that do—for example, the supply of aircraft parts—will concern a limited set of products. The Iranian aviation industry has been in a rut for a number of years now, thanks to the
sanctions
. They have learned to make certain things on their own, sure, but most parts are either imported through third countries or stripped from old planes that no longer fly.
Despite all this, some projects might turn out to be rather successful....
... situation is
emerging
on the gas market, where Asia’s interest in Tehran may notably fall on account of Moscow’s pivot to the east.
Potentially, Iran could take over Russia’s place on the hydrocarbons market—but this requires that the West-imposed sanctions against Iran first be lifted. Even then, Iran’s oil production is greatly restricted by its capacities. In order to ramp them up, Iran needs investment and equipment, which takes time and effort. As for gas, the issue boils down to Iran’s capacities to deliver ...
... Moscow’s economic power as much as possible and ensuring Ukraine manages to preserve its sovereignty. Both are hugely dependent on the U.S. ability to manipulate the world petroleum prices and the amount of Russia’s oil and gas exports.
Ivan Timofeev:
US Sanctions Against Iran and the Future of the JCPOA: A View From Tehran and Moscow
Economic pressure on Moscow is (among other factors) largely sustained by the prices of gas and oil, whose export is a crucial component of Russia’s economy. Therefore, one of Washington’s ...
....
The appearance of a Democrat President in the White House did not change the situation. Negotiations on the JCPOA have resumed, but haven’t yielded any results yet. Biden did not even rescind Trump's executive orders, which introduced additional sanctions. Iran is also in no hurry to abandon the developments to the nuclear programme made after Trump's 2018 demarche. Apparently, they simply do not believe that the lifting of US sanctions will be guaranteed and long-term. There is every reason for them to ...
... more important, if not existential. The resumption of US sanctions in 2018 led to the
collapse of the Iranian economy
. One of the key factors is the ban on the purchase of Iranian oil. Moreover, the United States is successfully imposing its anti-Iranian sanctions on foreign countries, using secondary sanctions mechanisms and coercive measures. The same applies to oil transportation, the insurance of such transportation, as well as new financial and sectoral sanctions imposed by Trump. The situation has ...
...?
Joseph Biden’s victory in the US election raised hopes for a revision of the American approach to the Iranian nuclear deal. Washington unilaterally withdrew from the Joint Comprehensive Plan of Action (JCPOA) in 2018, renewing massive economic sanctions against Iran. The subsequent extraterritorial application of US sanctions forced a significant number of foreign companies to leave Iran.
Ivan Timofeev:
USA vs. JCPOA: How Can Russia and China Respond?
Companies from the EU have suffered the most. Moreover, ...
... an 18% increase from 2019.
At the same time, as far as EAEU exports are concerned, we rather stand witness to their recovery to the level prior to the restoration of U.S. sanctions. It was immediately after the nuclear deal became effective and the sanctions against Iran were lifted in 2016 that exports
hit
a recent-year record high at $2.6 billion. While EAEU 2020 exports rose by 2% as compared to 2019, they only amounted to $1.6 billion.
A somewhat different situation could be observed in the case of EAEU imports ...
... the pipeline, although the Obama administration was also against the pipeline. Congress has passed two sanctions laws targeting Russian pipeline projects. The US Congress and the State Department directly warned European business about the threat of sanctions for participating in the project. In addition to Iran and Russia, concern in the EU was also caused by the aggravation of US-Chinese tensions. Brussels distanced itself from Trump’s cavalry attack on China. So far, US restrictions against “Chinese communist military companies”, telecoms and officials ...
