"Although we do not welcome sanctions and are not happy with the resolution issued, we will not sacrifice the country's future."
— Economics Minister, Shamseddin Hosseini, claiming that Western isolation will not bring a shift in Iran’s nuclear policy
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Most Recent AnalysisFive months after the UN Security Council, United States, and European Union passed their latest round of sanctions against the Islamic Republic, Iran continues to escape complete economic isolation due to its ability to leverage economic relations with Asian energy firms, medium-sized European companies, and Turkish financial institutions. The extent to which economic hardship can influence Iranian officials’ foreign policy decision-making—the objective behind the sanctions—remains unclear...
Monday, October 25, 2010 - 14:22
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Week in Review |