Eric Lob

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Iran’s Supreme Leader Ayatollah Ali Khamenei speaks at a graduation ceremony of Revolutionary Guard officers in Tehran in 2015. (Office of the Iranian Supreme Leader via Associated Press)

Iran’s Islamic Revolutionary Guards Corps (IRGC) is perceived by some as a business empire, with an estimated quarter of the country’s economy under its control. That has not changed since President Hassan Rouhani assumed office in 2013, despite his repeated calls for a reduction in the IRGC’s economic and financial activities, which had grown substantially during the eight years of Mahmoud Ahmadinejad’s presidency.

Rouhani’s efforts to rein in the IRGC economically have intensified since Iran and the P5+1 signed and adopted the Joint Comprehensive Plan of Action (JCPOA) in 2015, as the president has sought to bring much-needed foreign direct investment to the country’s key economic sectors.…  Seguir leyendo »