Tuesday, September 16, 2008

Sanctions Against Iran: They're Working!

Iran: International Sanctions Hurt Our Economy

Straight from the AIPAC website

Iran's illicit nuclear work has drawn international condemnation.

International sanctions against Iran have significantly increased trade costs, the head of Iran's chamber of commerce said Tuesday, and internationl pressure has hurt the country's overall economy, Agence France Presse reported. "These costs do not only affect Iran's economy," Mohammad Nahavandian said. "It also means losing opportunities for the country's trade and economic partners... a lose-lose game." International financial institutions have cut business dealings with Iran as a way of pressuring the Islamic Republic to halt its illicit nuclear activity. U.S. pressure has also prompted a crackdown on Iranian business ties with the United Arab Emirates, Iran's largest trading partner. Iran faces further international pressure as a result of its continued pursuit of a nuclear weapons capability.

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