News : Sanctions

Bipartisan Letter to White House: No Iran Sanctions Relief Without Congressional Approval

Reps. Ed Royce (R-CA) and Eliot Engel (D-NY) – respectively the chairman and ranking member of the House Foreign Affairs Committee – on Tuesday released the text of a bipartisan letter that they indicated would soon be sent to President Barack Obama “noting that Congress played a central role in enacting sanctions against Iran and informing him that any long-term sanctions relief for Iran requires Congressional action,” the latest in what has become a back-and-forth between the White House and Congress over the degree to which lawmakers should be involved in the implementation of any agreement between Washington and Iran over the latter’s atomic program.

Prepaid Cards May Be Iran's Latest Sanctions-Busting Tactic

Forbes- Emanuele Ottolenghi: Is Iran using virtual currency and other new payment methods to circumvent financial sanctions?

As recently revealed by an exclusive Reuters report on Iran’s procurement efforts, a UN panel in charge of monitoring sanctions’ implementation believes that Iran may have “learned how to outsmart security and intelligence services in acquiring sensitive components and materials.” Iran not only knows how to cover the tracks of its procurement; its agents have figured out how to bypass financial sanctions as well. They appear to have learned from organized crime how to launder money and move illicit revenue across borders. 

IRAN: Oil Exports Up Again

The world is looking forward to the resumption of much different negotiations later this month when Iran and the five permanent members of the UN Security Council plus Germany come together for a new round of nuclear talks. But right now, these powers remain in a relatively quiet phase of the process.

Iran’s Coordinated Evasion of Sanctions

In an article published in Forbes, Addison Wiggins gives a partial account of how Iran has coordinated with other Middle Eastern and Asian countries in order to evade US-led economic sanctions that were in place throughout 2012 and 2013. Those sanctions resulted in billions of dollars of Iranian assets being frozen in US banks, while the Islamic nation was shut out of subsequent conventional sales of oil and natural gas, which must be conducting in American currency through a global payment network called SWIFT.

Gold and Barter Allow Iran to Avoid Western Sanctions

As the world prepares for the next round of negotiations over Iran’s nuclear program, set for the third week of June, it is important for the West to carefully consider how strong its bargaining position is. The prevailing assumption has been that Iran would feel compelled to vigorously pursue a compromise because of the importance of alleviating sanctions in order to save the Iranian economy. But this may be a serious overestimation of the situation.

Iran Protests 2018

Free Iran 2018 Gathering - 30 June 2018 - Villepinte, Paris

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