A year after nuclear deal, sanctions still hurt Iran
It has been one year since Iran, the United States and five other world powers reached a landmark deal designed to limit Tehran’s nuclear program. In exchange for curbs on its nuclear program, the United Nations lifted all nuclear-related sanctions against Iran, and the EU lifted many bilateral sanctions on Iran’s banking and energy sectors.
But Iran’s economy continues to suffer. For Iran, the deal was the first step toward economic recovery after years of crippling sanctions. Instead, because of unilateral U.S. sanctions on the Iranian economy, Tehran finds itself in the awkward position of having to rely on the United States to lobby other countries and non-American financial institutions to conduct business with it.… Seguir leyendo »