Tuesday , January 26 2021

Trump Sanctions on Iran: Will Democrats Avenge?

After it broke the signed nuclear agreement with the United Kingdom, France, China, Russia, Germany and the European Union, the democrats could force it to change its foreign policy.

November 9, 2018

One day before election in the United States a new series has come into effect sanctions against the Islamic Republic of Iran, after the president Donald Trump decided to destroy the nuclear agreement signed by Barack Obama in 2015 with the United Kingdom, France, China, Russia, Germany and the European Union.

At the November 5 press conference, State Secretary, Mike Pompeo, again justifies this position by stating that "the Republic of Iran is the destabilizing force of the Middle East" for its interventions in Iraq, Yemen and Syria and because it represents a threat to the United States and Israel.

Sanctions as a whole are not a surprise as Trump does what he promised during the pre-election campaign, although the agreement was ratified by the United Nations Security Council.

The first series of sanctions came into force in August and is now being sought affect oil exports and prevent Iranian banks from making transactions allowing foreign currency entry, mostly dollars. The White House's main idea is to separate Iran from the global financial system. The international provider of financial services – known as SWIFT for the acronym in English – based in Belgium, announced the decision to discontinue access to several Iranian banks at its service. The SWIFT case is a good example to understand how Many companies are between the rocks and the wall when assessing the sanctions imposed by the United States.

Read more: Ginóbili went to ask for a vote against Trump

If they do not abide by the White House provisions, Washington will sanction them, but if they adhere to it, they are exposed by European Union sanctions that did not violate the 2015 agreement. France is one of the most vulnerable countries because Iran is a very important market for France with more than 15 companies headquartered in the country and more than 1,000 companies exporting their products; from the total oil company to the Renault and Peugeot car makers, who for many years have produced numerous models associated with the immense Iran Khodroom, which has existed since 1962 and has resisted all the internal political momentum.

The Islamic Republic of Iran does not have much pressure mechanisms to break the course to Donald Trump. However, the president may be forced to change foreign policy from his own home, since the democracies have returned the majority to the House and could call on institutional mechanisms to press upon him. Of course they would not do it for the iranas, but that could be a way of revenge on Trump because it annulled the deal that Barack Obama faced with tears. and it would not be the first time that revenge was used as a political weapon.

Published in CNN in Spanish

Source link