U.s Sanctions On Iran And The Iranian Economy

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U.S Sanctions on Iran Anna Marie Contreras 35N Advanced Leaders Course Introduction Currently, numerous sanctions target the Iranian economy. These sanctions are implemented and enforced by the United States of America, The European Union, and several other United Nation members to include; Japan, the Republic of Korea, Canada, Australia, Norway, Switzer. Fathollah-nejad, A. (2013). These measures are necessary to enforce international laws through means other than war. These sanctions range from financial institutions, oil refinery and production, third party investors, weapons trade, and investment banking. Unfortunately, these sanctions have yet to effect a change in the Iranian administrative policy on the development of…show more content…
The hostage situation received more coverage in the media and politics than any event since World War II. They were finally released in 1981. In 1985, the U.S provided weapons to Iran to fund operations to free American hostages in Lebanon. After embezzlements and illegal money transfers to South America, this incident threatened U.S political relations around the world. Later, the USS Vincennes shots down an Iranian passenger plane, killing 290 civilians en route to Mecca. The plane was mistaken for a fighter jet. 1997 brought the election of Iranian President Mohammad Khatami who declared an interest in mending relations with the U.S. The US would later call Iran a part of the “Axis of Evil (Bush) and infuriate Iranians world wide. Modern Iranian and U.S relations ( 2002-2015) An Iranian Opposition group reveals Nuclear plants and refineries. This begins the U.N and individual country sanctions on Iran. Four rounds of sanctions are implemented and no change in foreign or nuclear policy in Iran has occurred. In 2014, President Obama and newly elected Iranian President Rouhani conducted a teleconference. This was the first President-to-President talk between the nations in 30 years. History of Iran: Oil Nationalization. (2001). Sanctions: Cause and Effect in Iran Webster defines a sanction as: an action that is taken or an order that is given to force a country to obey international laws by limiting or stopping trade with that country, by
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