In the past year the international community has taken unprecedented action to pressure the Iranian regime to abandon its nuclear ambitions. For example, the U.S. and European Union have adopted comprehensive new sanctions measures aimed at tightening the economic noose around the regime, while a number of other nations have finally taken steps to curtail Iranian oil imports – striking at the economic heart of the regime. These actions are having a tangible effect on Iran’s economy as evidenced most demonstrably by the crash of Iran’s currency, the rial, which has plummeting to historic lows in recent weeks.
Against this backdrop of increasingly effective and broad economic pressure, however, is a curious anomaly. Several countries in one region of the world are working to undermine international sanctions against Iran and some are even helping the Iranian regime engage in illegal activities such as money laundering and narco-terrorism. Surprisingly, these countries are ... Read More